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See how verdicts work1-bedroom flat · YO14 9AB
Listing removedReduced £10k (−11.1%) on 20 JunListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunters are pleased to bring to the market this one-bedroom ground floor apartment, located within the popular Chapel Court development in Filey, exclusively for the over 60’s.
The property benefits from two access points, with a private entrance to the rear opening directly into the lounge, as well as access via the communal hallway leading into the apartment’s internal hallway.
The living space is bright and comfortable, featuring an electric fire and a large window allowing plenty of natural light to fill the room.
An open archway leads through to the kitchen, which is fitted with a range of wall and base units with a stainless steel sink and drainer, built-in oven, electric hob with extractor, and space for a fridge freezer.
The bedroom is well-proportioned and benefits from a built-in wardrobe with sliding doors, and a newly fitted shower room completes the accommodation.
Chapel Court offers a friendly and well-maintained environment, with residents able to enjoy communal gardens, a shared lounge, and on-site laundry facilities, providing both convenience and opportunities to socialise.
Externally, there is a communal car park with parking available on a first come, first served basis. The property benefits from a recently installed electric heating system.
We understand the property to be leasehold with 88 years remaining on the lease, an annual ground rent charge of £436.00 and an annual service charge of £3,170.04.
Ideally situated within easy reach of Filey town centre, local amenities, and transport links, this apartment is perfect for those seeking a comfortable and low-maintenance home in a convenient coastal location.
Early viewing is highly recommended. Hmrc Disclaimer - Filey Should you wish to proceed with an offer on this property we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 9 Chapel Court, West Avenue, Filey
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