Auction
Auction date passed
This lot went to auction on 19 October 2026 (6 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
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See how verdicts work3-bedroom terraced house · YO15 3EF
For saleListed 38 daysAuction 19 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom end-terrace house offering spacious accommodation arranged over three floors.
Having been occupied by the same owner for over 50 years, the property now requires improvement and modernisation throughout.
The property will be of interest to owner-occupiers, DIY enthusiasts and investors looking for a refurbishment project.
The accommodation briefly comprises: Entrance Hall, Living Room, Dining Room, Kitchen, Three Bedrooms and Bathroom. Externally, there are front and rear courtyards.
The property benefits from gas central heating and is double glazed throughout.
Location Palanza Terrace is situated in a convenient South Side location in Bridlington, within easy walking distance of the town centre, harbour and South Beach.
A good range of everyday amenities is close by, including local shops, cafés, restaurants, pubs and supermarkets.
The area is well served by public transport, with several bus stops nearby and Bridlington railway station a short distance away, providing rail connections towards Hull, Scarborough and York.
Accommodation Ground Floor Entrance leading to: Living Room - 14'1" x 10'2 (4.3m x 3.1m) Dining Room - 11'11" x 10'2" (3.6m x 3.1m) Kitchen - 14'7" x 7'2" (4.4m x 2.2m) First Floor Central landing leading to: Bedroom One - 13'6" x 11'8" (4.1m x 3.6m) Bedroom Two - 12'0" x 7'10" (3.7m x 2.4m) Bathroom - 11'0" x 7'2" (3.4m x 2.2m) Second Floor Bedroom Three - 15'7" x 12'7" (4.8m x 3.8m) External Enclosed front and rear courtyards.
EPC Current rating D64. Services The property is connected to mains gas, water, drainage, and electricity; however, these services have not been tested.
Tenure We understand the property to be Freehold. Council Tax Council tax is payable to East Riding of Yorkshire Council and is in Band A.
Viewings Strictly by appointment with Auction House on or the joint agents Reeds Rains on . Joint Agents Reeds Rains, 37 Quay Road, Bridlington, East Yorkshire, YO15 2AR.
Tel: Solicitor Williamsons Solicitors, 45 Lowgate, Hull, East Yorkshire, HU1 1EN. Ref: Jenny Holloway.
Tel: Method of Sale The property will be offered for sale by online Traditional Auction with bidding commencing at 1pm on Monday 19th October 2026 and closing on Tuesday 20th October 2026 at 11am.
For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Additional Fees The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT), and a buyer's premium of £1,800 (£1,500 plus VAT) in addition to the purchase price of the property.
Guide Price Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures that a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements Please see the legal pack for any listed disbursements that may become payable by the purchaser upon completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Palanza Terrace, Bridlington, YO15 3EF
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