Summary - Chapel Street, Bridlington, East Riding of Yorkshire, YO15 YO15 2DR
1 bed 1 bath Terraced
Income-producing shop with residential conversion potential in busy Bridlington.
Prime town-centre location with consistently high pedestrian footfall
Immediate rental income reported c. £12,000–£13,000 per year
Large overall size (~920 sq ft) with eight rooms, flexible layout
First-floor storage identified as convertible to a flat (planning required)
Good overall condition to the commercial ground floor
Dated first-floor bathroom; refurbishment likely needed
Very high local crime and very deprived area may affect demand
Very small plot size limits external expansion or parking
This large terraced Victorian commercial property sits on Chapel Street in Bridlington’s prime town-centre, enjoying high footfall and immediate rental income. The ground-floor retail unit is in good overall condition and currently let, giving an investor an operational income stream from day one.
The first-floor storage area offers clear potential for conversion to a self-contained flat, subject to necessary planning consents — creating a dual-income opportunity once developed. The building’s size (approximately 920 sq ft) and central location mean good long-term letting prospects for both commercial and residential uses.
Buyers should weigh genuine upside against material local factors: the area is very deprived with very high recorded crime and a very small plot size, which could affect tenant mix and future resale. The first-floor space and the dated bathroom will require investment to convert or modernise, and any conversion is dependent on planning approval.
For investors seeking an income-producing asset with development upside, this property offers a straightforward purchase: immediate rental return plus the chance to increase yield through conversion. For owner-occupiers considering mixed use, the central location, fast broadband and excellent mobile signal support a range of small retail or service businesses.
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