2-bedroom flat · YO21 3AR
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hope & Braim are delighted to present Flat 2,2 Well Close Terrace, a first floor flat set within a handsome Victorian house in the heart of Whitby.
With no restrictions on the lease regarding holiday letting, the property will appeal equally to those seeking a town centre home, a coastal bolthole or an income-generating investment.
The accommodation is arranged around a spacious open-plan living room and kitchen, where a fireplace provides a natural focal point and two windows bring in plenty of daylight.
Hard flooring runs throughout the flat, giving a clean, practical finish that is easy to maintain and well suited to letting.
The modern kitchen is fitted with integrated appliances, and a separate utility space offers plumbing for a washing machine, helping to keep the main living area uncluttered.
There are two bedrooms, providing flexibility for owners, family or guests, and a bathroom fitted with a three-piece suite.
Electric central heating and double-glazing throughout ensure the flat is comfortable in all seasons, combining the character of a period building with the convenience of modern living.
Well Close Terrace enjoys a central position, with Whitby's cafes, pubs and shops all within easy reach on foot.
The town's harbour, beaches and historic streets make it a perennially popular destination on the North Yorkshire coast, and a property in such a convenient location is well placed to attract strong holiday letting demand for those wishing to pursue that route.
Whether as a main residence, second home or holiday let, this appealing flat offers a versatile opportunity in a sought-after setting.
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
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FAQ
About Flat 2, 2 Well Close Terrace, Whitby
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