1-bedroom flat · YO21 3ED
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hope & Braim are delighted to present Flat 2,24 Crescent Avenue, a well-appointed ground floor apartment set within an attractive Victorian house on Whitby's sought-after Westcliff.
The property is accessed via a communal entrance hall that sets the tone for the building's period character, featuring original stained glass and decorative tiled flooring, details that speak to the quality and craftsmanship of the original construction.
The flat itself opens into a thoughtfully arranged open-plan living space, combining lounge and kitchen in a layout that makes excellent use of the available footprint.
High ceilings lend the room a genuine sense of volume and light, while a large bay window frames an outlook onto the street beyond and draws in considerable natural light throughout the day, a feature that elevates the space considerably.
The single bedroom is a comfortable double, and the shower room has been finished to a modern standard, providing a clean and contemporary contrast to the property's period setting.
Situated within easy reach of the Westcliff and Whitby's wider array of amenities, restaurants, and harbourside attractions, the location is well-suited to those seeking a permanent residence or a manageable second home in the town.
Prospective purchasers should note that the lease carries a restriction preventing holiday letting use.
The property is offered on a 999-year lease from 2009 with a service charge of £600 per annum, paid monthly. Further details regarding the lease terms are available upon request.
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 Flat 2, 24 Crescent Avenue, Whitby
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