4-bedroom house · YO22 4TU
Listing removedListed 565 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hope & Braim are delighted to present Chestnut Cottage & The Stables in Fylingthorpe to the market.
This is an exciting opportunity to purchase two cottages within a walled plot located in an idyllic village close to the coast.
The properties have been owned by the same family for many years and have been developed to create a private holiday home and a holiday let that are being sold as one.
Believed to be former stables, Chestnut Cottage is a period property that has potential to be updated, whilst The Stables was built in 2010 re-using the stone from a derelict stable and is a new-build with modern interiors.
Both properties have similar layouts having a reception room, kitchen, 2 bedrooms and a bathroom with the benefit of separate services including gas central heating and double-glazing.
The Stables accommodation comprises a lounge with a cosy log burner, vaulted ceiling and French Doors that open out onto a private garden patio.
The kitchen/diner has modern fitted cabinets with integrated appliances and space for a dining table, plus there is an adjoining utility room with plumbing for a washing machine.
Both bedrooms are doubles and the bathroom has a four-piece suite including both a bath and a shower cubicle.
Within the walled yard there is a detached stone-built garage that could be developed, subject to gaining permissions, and an adjoining timber shed and ample space for parking several vehicles.
We feel this listing could be used as either a permanent residence for those with an interest in the plot for various uses, or as holiday lets with the potential to develop the plot further.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Chestnut Cottage, Thorpe Green Bank, Whitby
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