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See how verdicts work2-bedroom house · YO22 4TW
Sold STCReduced £25.1k (−11.1%) on 26 OctListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hope & Braim are delighted to present this intriguing period home, believed to have formed part of the former workhouse of Fylingthorpe village and dating from the late eighteenth century.
The property presents an attractive façade of herringbone dressed stonework beneath a slate roof — a distinctive and handsome example of vernacular North Yorkshire architecture that speaks quietly to its age and origins.
Arranged over three floors, the accommodation needs refurbishment throughout and offers considerable potential for the buyer with an eye for character and history.
On the ground floor, a living room with fireplace and beamed ceiling provides an immediate sense of the building's age and warmth, accompanied by a small kitchen and separate pantry.
A double bedroom and a bathroom suite are found on the first floor, with a second double bedroom above and within the roof space and having a dormer window overlooking the gardens.
To the rear, a generous south-facing garden is a particularly welcome feature, private, well-proportioned, and well-suited to outdoor living during the warmer months.
Fylingthorpe is a quiet and well-regarded village situated close to Robin Hood's Bay, with local amenities including a pub and shop within comfortable reach.
The dramatic North Yorkshire coast and the surrounding moorland of the National Park are accessible in a matter of minutes, making this an appealing base for those seeking a slower pace of life in a landscape of genuine distinction.
A property of authentic character and real potential, offered to the market in need of full refurbishment. Many properties in Whitby and Robin Hoods Bay are subject to ancient Chomley leases.
Sir Hugh Chomley - Knight of Whitby owned swathes of land in Whitby and Scarborough during the reign of Charles I (1600s).
Sir Chomley granted leases of land in Whitby to individuals usually for a term of around 1000 years.
These properties are therefore still classed as leasehold even though in many cases the lease has been lost and thus the details are unknown.
However, they are not like usual leasehold properties where owners pay a ground rent to a freeholder and the freeholder is responsible for insuring the property etc.
This is because the freeholder is absent due to the age of the leases. Indemnity insurance can be obtained to cover properties subject to old Chomley leases.
This costs around £100-200.00 and is a one-off premium.
Such policies protect property owners and mortgage lenders if, for example, an heir of Sir Chomley ever found a copy of one of the original leases and tried to enforce its terms on property owners i.e.
demand rent. Obviously, this is highly unlikely but offers buyers peace of mind.
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
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FAQ
About 2 Moorland Terrace, Fylingthorpe
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