3-bedroom terraced house · HU19 2AD
Listing removedListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within a popular residential area of Withernsea, this property presents an excellent opportunity for landlords seeking a solid addition to their investment portfolio or developers looking for a refurbishment project with resale potential.
The property offers spacious and versatile accommodation, comprising an open-plan living and kitchen area, creating a sociable and functional space.
There is also the added benefit of a separate utility area and a convenient downstairs WC. To the upper floors, the property provides three bedrooms, along with a family bathroom.
Externally, the property benefits from a rear yard space, offering low-maintenance outdoor accommodation ideal for tenants or future buyers.
While the property requires modernisation throughout, it offers significant scope to add value.
Of particular note is the loft space, which is currently utilised as bedroom space, although it has not been converted in line with building regulations.
Situated close to local amenities, schools, and the seafront, this property combines strong investment potential with a desirable coastal location.
Early viewing is highly recommended to appreciate the opportunity on offer.
The ground floor comprises an open-plan living and kitchen area, providing a generous and sociable main living space, complemented by a separate utility area and a convenient downstairs WC.
The layout offers flexibility for modernisation and reconfiguration if desired.
To the upper floors, the property features three well-proportioned bedrooms, along with a family bathroom and an additional WC, making it well-suited to family living or rental use.
Externally, the property benefits from a private rear yard, offering a low-maintenance outdoor space.
Requiring a programme of works throughout, the property presents a strong opportunity for investors or developers.
A loft space is currently utilised as additional bedroom accommodation; however, it has not been converted in accordance with building regulations and offers further scope for improvement, subject to the necessary consents.
Lounge - 3.49 x 3.39 (11'5" x 11'1") - Kitchen - 3.49 x 3.30 (11'5" x 10'9") - Lobby - 1.76 x 1.00 (5'9" x 3'3") - Wc - 1.76 x 1.10 (5'9" x 3'7") - Bedroom 1 - 3.54 x 3.53 (11'7" x 11'6") - Bathroom - 1.50 x 2.51 (4'11" x 8'2") - Bedroom 2 - 3.00 x 3.30 (9'10" x 10'9") - Bedroom 3 - 1.86 x 3.39 (6'1" x 11'1") - Loft Space - 4.38 x 4.79 (14'4" x 15'8") - Loft Space - 3.20 x 2.30 (10'5" x 7'6") - Agent Note - There is a flying freehold at the property.
Parking: There is no off street parking is available with this property. Heating & Hot Water: Both are provided by a gas fired boiler.
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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
Agent & docs
FAQ
About Walter Street, Withernsea
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