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See how verdicts work2-bedroom flat · YO14 9LH
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fourth floor purpose built apartment in need of modernisation, offering spacious two bedroomed accommodation having the benefit of UPVC double glazing, electric heating and some sea views.
The property is well situated for the local gardens, beach access and is a short flat walk away from the town centre amenities.
The building is fully managed, with fire escape, private garage space, use of communal laundry facility, and lift access to all floors. For sale with vacant possession and no onward chain.
Viewing is recommended.
Communal Main Entrance Hall Entryphone system providing for secure access to the building with doors off to the laundry room, garage area, staircase (leading up through the building) and lift access providing access to all floors.
Entrance Hall Spacious L-shaped entrance hall with telephone point, built in utility/cloaks cupboard, intercom entry telephone, wall mounted electric storage heater and doors off to the lounge, kitchen, bathroom and bedrooms.
Lounge / Diner 3.64m (11'11) x 5.02m (16'6) UPVC double glazed window looking westward to the front of the building and feature projected UPVC double glazed window looking to the side of the building, with some sea side views to Filey Bay.
Television/satellite connection. Wall mounted electric radiator and storage heater.
Breakfast Kitchen 2.13m (7') x 3.64m (11'11) Floor and wall cupboards, worktops, tiled splashback and inset sink unit with UPVC double glazed window over, looking westward to the front of the building.
Integrated electric fan oven and ceramic style hob with canopy over. Freestanding space for a washing machine, fridge and freezer. Bedroom One 3.9m (12'10) x 3.31m (10'10) Range of fitted wardrobes.
Television extension point. UPVC double glazed window looking to the side of the building. Please note: two images have been digitally staged using AI to illustrate how the bedroom could be furnished.
Bedroom Two 2.42m (7'11) x 3.65m (12') UPVC double glazed window looking westward to the front of the building. Fitted wardrobes and bedside tables.
Bathroom 2m (6'7) x 2.42m (7'11) A white three piece suite comprising of a panelled bath with mains shower over and sliding screen, pedestal handwash basin and low suite WC. Extractor fan.
Electric towel rail. Built in airing cupboard housing the hot water cylinder. Outside Melville Court benefits from a communal terrace situated at the rear of the building on the 1st floor.
On this terrace, there are rotary washing lines and seating.
PROPERTY MISDESCRIPTIONS ACT 1991 For clarification, Nicholsons Property Group wish to inform prospective purchasers, that we have not carried out a detailed survey, nor have we tested any of the appliances or heating system and cannot give any warranties as to their full working order.
Purchasers are advised to obtain independent specialist reports if they have any doubts. All measurements are approximate and should not be relied upon for carpets or furnishings.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Melville Court, Filey
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