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 9BA
No longer listedListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free two bedroom apartment close to the seafront Offered to the market with no onward chain and currently vacant, this recently refurbished second floor apartment provides stylish and well presented living space in a sought after location close to Filey's seafront and gardens.
Finished to a high standard throughout, the property is well suited to first time buyers, those seeking a coastal retreat or investment purchasers.
The apartment centres around an open plan kitchen, living and dining area, creating a bright and sociable space for everyday living and entertaining.
The layout has been designed to maximise both space and natural light, providing a comfortable and welcoming environment.
There are two well proportioned bedrooms, served by a family bathroom, offering practical living for a variety of buyers. The property is leasehold with approximately 995 years remaining on the lease.
The current service charge is approximately £960 per annum, with no ground rent payable.
Situated just a short distance from the seafront, the apartment enjoys easy access to Filey's award winning beach, attractive gardens and picturesque promenade.
The town offers a wide range of amenities including independent shops, cafés, restaurants, supermarkets and healthcare facilities, while nearby leisure amenities and coastal walking routes make the area particularly appealing.
Excellent road and rail links provide convenient connections to Scarborough, Bridlington and the wider Yorkshire coast.
This chain free apartment combines contemporary living, a long lease and an excellent coastal location, making it an attractive opportunity for a range of buyers.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Exclusivity Fee: You can secure the purchase by paying an exclusivity fee of £2,000.
This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.
The exclusivity fee is returned to the buyer upon successful completion of the purchase.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.
This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Bedroom One (3.85m x 3.19m) Bedroom Two (4.38m x 1.9m) Kitchen/Living Area (4.61m x 4.55m) Bathroom (2.4m x 1.7m)
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
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.
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FAQ
About Flat 5, 22A,, Brooklands, North Yorkshire
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