Modern Method of Auction
Auction date not yet published
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 flat · YO14 9AE
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hunters are delighted to bring to the market, this well-presented two-bedroom first-floor apartment, ideally situated on Station Avenue in the heart of Filey town centre.
Currently utilised as a holiday let, the property presents an excellent investment opportunity or coastal retreat. Offering approximately 785 sq. Ft.
Of accommodation, the apartment combines generous living spaces with charming period features and modern touches throughout.
The accommodation comprises a welcoming entrance hallway leading into a bright and spacious living room, featuring an attractive decorative archway separating the lounge from a versatile dining area.
Large windows flood the room with natural light, while the feature fireplace adds character and charm.
The fitted kitchen offers a range of wall and base units, wood-effect worktops, tiled splashbacks and space for appliances, alongside room for a small dining table.
There are two well-proportioned bedrooms, including a generous principal bedroom with a characterful fireplace and ample space for furniture.
The second bedroom is currently arranged with twin beds, ideal for guests or holiday accommodation.
Completing the accommodation is a contemporary four piece bathroom finished with stylish tiling and patterned flooring. An additional separate WC provides further convenience.
Situated in the heart of Filey, the apartment is within easy walking distance of the town's beautiful sandy beach and the town centre.
Filey railway and bus station is also nearby, offering routes to surrounding villages and towns.
Currently operating as a holiday let, this property presents an exciting auction opportunity in a sought-after coastal location. Early viewing is highly recommended.
Hmrc Disclaimer - Filey Should you wish to proceed with an offer on this property we are obliged by hmrc to conduct mandatory Anti Money Laundering Checks.
We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.
Auctioneer's Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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
Agent & docs
.png)
FAQ
About Station Avenue, Filey
Explore nearby