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See how verdicts work3-bedroom flat · TS13 5HR
For saleListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARTICULARS OF SALE This generously proportioned 3 bedroom ground floor flat lies in this purpose built block on the outskirts of the upper village of Runswick Bay.
The scheme includes just 4 apartments.
From the communal car park, a part glazed door opens into … Communal Entrance Hallway: With a part glazed doors and screen opening into the front garden and a door to the rear.
A door opens into Flat 1.
Private Inner Hallway: A spacious hallway with a broad recessed storage cupboard with built-in shelves and hanging rails, plus an airing cupboard housing the lagged mains pressure hot water cylinder and a further storage cupboard.
From the hallway doors open into … Lounge: 15’9 x 12’10 (max) The lounge has a wide double glazed window with double doors opening to the front onto the patio in the garden and a further window to the side.
With plenty of space for seating and for a formal dining table and chairs.
Kitchen: 9’0 x 8’5 A recently re-fitted kitchen with a window looking out over the front gardens and a suite of cabinets with laminate worktops.
The kitchen units include a stainless-steel sink unit, integral oven, hob, cooker hood and automatic dishwasher. Bedroom 1: 12’4 x 8’9 A double bedroom with a wide window looking out to the rear.
Bedroom 2: 8’11 x 8’10 A further double bedroom with a window to the rear. Bedroom 3: 12’4 x 8’11 max Another double / twin bedroom with a uPVC double glazed window facing to the side.
Bathroom: 6’8 x 5’8 The bathroom has tiled walls and vinyl flooring and is fitted with a white suite comprising a panel bath with electric shower over and glazed shower screen, a wash basin set in a vanity unit and a low flush WC with concealed cistern.
Extractor fan and an electric towel rail.
Outside The property is set in generously proportioned communal grounds laid principally to lawns bounded by a high hedge at the front and a close boarded fence at the rear.
There are seating areas within the garden including a private paved patio area immediately in front of the glazed doors of the apartment’s living room.
There is a communal parking area at the rear of the building which provides private parking. GENERAL REMARKS AND STIPULATIONS Viewing: Viewings by appointment.
Interested parties should discuss any specific issues that might affect their interest, with the agent’s office prior to making an appointment to view.
Tenure: The property is held long leasehold with a self-managed freehold controlled by the owners of the flats. Pets and holiday letting are allowed.
Service Charge: A monthly service charge of £XX pcm is payable in respect of insurance and repairs and maintenance of communal areas.
Directions: From Whitby head north along the coast road towards Saltburn on the A174. Runswick Bay lies approximately 9 miles northwest of Whitby. Turn right from the main road and enter the village.
At the T-junction turn left towards Hinderwell and Runswick Lodge lies on your right hand side where marked by the Richardson and Smith ‘For Sale’ board.
The communal car park lies to the rear of the building. Services: The property is connected to mains water, electricity and drainage.
Heating is provided by modern electric Dimplex Quantum storage heaters. Local Taxation: The property is assessed for business rates with a rateable value of £3,500 per annum.
Reliefs of up to 100% are available. Formerly council tax band ‘B’. North Yorkshire Council. Tel .
Post Code: TS13 5HR (T) IMPORTANT NOTICE Richardson and Smith have prepared these particulars in good faith to give a fair overall view of the property based on their inspection and information provided by the vendors.
Nothing in these particulars should be deemed to be a statement that the property is in good structural condition or that any services or equipment are in good working order as these have not been tested.
Purchasers are advised to seek their own survey and legal advice.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs

FAQ
About Seashells, Flat 1, 40 Hinderwell Lane, Runswick Bay, North Yorkshire
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