We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom property · YO14 9GY
For saleListed 380 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Features * Two bedroom detached lodge with views over the lake. * Sold fully furnished. * Located in a popular holiday village just south of Filey with easy access to the beach.
* On site facilities including spa leisure complex with indoor heated swimming pool, tennis court, public house, pharmacy and convenience store. * Gas central heating. * Upvc double glazing.
* Modern kitchen. * Ensuites to both bedrooms. * Ample parking. * Sold with no onward chain. * Viewing is highly recommended. Accommodation in brief Internal: Door to Hallway. Lounge.
Kitchen / Dining Area. Two Bedrooms (both with Ensuites) outside: Decked area. Off street parking.Upvc Side Door: Entrance hall Upvc double glazed window.
Open plan kitchen / lounge / dining area 5.76m x 3.68m (18'11" x 12'1") Kitchen / Dining Area Inset white ceramic sink, vegetable sink and drainer. Modern base cupboards with worktops over.
Matching wall cupboards. Electric hob with extractor hood over. Built-in electric oven. Integrated tall 'fridge / freezer, automatic washing machine and dishwasher.
Cupboard housing 'Ideal' combination boiler. Laminate floor. Spotlights. Upvc double glazed window. Lounge Radiator. Feature porthole window. Upvc double glazed side window.
Upvc double glazed sliding doors to decked area. Inner hall Radiator. Bedroom two 3.35m x 2.66m (11'0" x 8'9") Radiator. Upvc double glazed window.
Jack and jill shower room 1.57m x 1.62m (3'7" x 9'1") Quadrant shower cubicle. Handbasin in vanity unit and wc. Inset spotlights. Chrome towel radiator.
Bedroom one 3.70m x 3.47m (12'2" x 11'2") Radiator. Upvc double glazed window. Ensuite shower room 1.60m x 1.60m (5'3" x 5'3") Large walk-in shower cubicle with rain shower.
Handbasin in vanity unit and wc. Inset spotlights. Chrome towel radiator. Upvc double glazed window. Outside: Decked area with views over the lake. Ample parking.
Tenure: Leasehold 999 years from 2018. Maintenance and ground rent: Approx £4,415.64 pa.
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 53, Discovery Way, The Bay, Filey
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