Investment-ready property with retail income and sea-view maisonette.
Freehold mixed-use building on Bridlington Promenade
A versatile mixed-use building on Bridlington Promenade offering clear income potential and coastal views. The ground-floor retail unit is fitted with underfloor heating, front and rear access, and basic staff facilities, producing an estimated £11,000pa. Above sits a spacious two-bedroom maisonette currently used as a holiday let, with a roof terrace and sea views towards Flamborough Head.
This freehold property totals about 1,678 sq ft and suits investors seeking a near-term yield or an owner-operator wanting live-work flexibility. Broadband speeds and mobile signal are strong, supporting short-term lets or commercial tenants. Two rental scenarios are apparent: the retail unit income and potential long-term letting of the maisonette at around £725 pcm.
Buyers should weigh the income potential against notable area challenges. The neighbourhood is classified as very deprived with very high local crime levels; the plot is small and the property is multi-storey, which may increase management and security costs. There is no flood risk and council tax is very low, but running costs and tenant screening will be important for long-term returns.
Overall, this property is a practical proposition for investors targeting seaside rentals or owners seeking a combined commercial-residential set-up. The prominent high-street location, existing rental figures, and attractive roof terrace are the main value drivers; budget for active management and local-area mitigation measures.
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