2-bedroom house · YO18 7BE
Listing removedListed 211 days
Opportunity summary
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About
Entrance ** Living Room ** Kitchen Two Bedrooms ** Shower Room Gas Central Heating** uPVC Double Glazing Rear Garden ** Summer House ** Detached Garage Central Location ** EPC Rating D Description Willowgate is one of the older streets in Pickering that emerges from the town centre.
It is a single lane road mostly lined with period stone cottages sloping gently down to the market place.
Number 8 has a westerly front aspect and a rear garden that overlooks some of the town's allotments.
There is street parking along some of Willowgate and the nearby streets and this cottage also has the advantage of a single garage.
Currently run as a holiday let, No.8 is a mid terrace stone cottage with a living room to the front, big enough for both sitting and dining areas.
The fitted kitchen is fully equipped with a fridge/freezer, dishwasher, washing machine, oven and hob again with enough space for a breakfast table.
Upstairs there are two double bedrooms and a shower room. Outside there is pleasant East facing garden, down to lawn with a gravelled footpath, raised flower beds and a timber framed summer house.
General Information Location: Pickering is a thriving market town found at the foot of the North York Moors National Park, along the A170 Thirsk to Scarborough Road.
As a result there are excellent links to the East Coast and City of York where the train service runs from London to Edinburgh.
Pickering has a good range of shops, a Monday street market, reputable schools for all ages and amenities that include doctors surgery, dental clinics and library.
Services: Mains water, electricity and gas are connected. Connection to mains drains. Gas central heating. uPVC Double Glazing.
Council Tax: We are informed by Ryedale District Council that this property is business rated.
Tenure: We are advised by the Vendors that the property is freehold and vacant possession will be given upon completion.
Viewing Arrangements: Strictly by prior appointment through the Agents: Messrs Rounthwaite & Woodhead, Market Place, Pickering.
Telephone: /430034 Directions: From the roundabout where the A170/169 join, head North (towards Whitby) along the A169 for approximately 100 yards past the pedestrian crossing/traffic lights and then take the next available left turn on to Hatcase Lane.
Take the left turn, sign posted Willowgate, with no.8 being the third property on the left hand side.
Value & comps
No previous sales on record.
Returns
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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 8 Willowgate, Pickering, North Yorkshire, YO18 7BE
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