Summary - 25, North Street, BRIDLINGTON YO15 2DZ
3 bed 2 bath Block of Apartments
Two tenanted flats offering immediate cashflow and refurbishment upside.
Two self-contained flats across three storeys, immediate rental income
Freehold building, total area approximately 947 sq ft
Victorian exterior with bay windows; high ceilings inside
Compact kitchens and dated fittings — modernisation likely needed
No flood risk; council tax Band A keeps running costs low
Area classed as very deprived with very high crime — higher management risk
Excellent mobile and fast broadband — attractive to tenants
Central location near shops, transport and south beach amenities
This three-storey mid-terrace block on North Street comprises two self-contained flats arranged over 947 sq ft, offered freehold at £115,000. Both flats are currently tenanted, providing immediate rental income for an investor or landlord. The property sits in the town centre, close to shops, transport links and Bridlington’s south beach; mobile signal and broadband are good, supporting tenant appeal.
The building retains Victorian character externally with bay windows and high ceilings but shows evidence of dated fittings inside — compact kitchens, modest bathrooms and some country-style finishes. The flats appear well maintained for rental use but will benefit from targeted modernisation to lift rents and long-term capital growth. There is no flood risk and council tax is low (Band A), which helps running costs.
Buyers should note the surrounding area is classified as very deprived with very high crime levels; this affects tenant profiles, resale prospects and management requirements. The block is best suited to an investor comfortable with urban rental towns and active asset management rather than a buyer seeking a low-maintenance home.
Overall, this is a budget-priced coastal investment with immediate cashflow potential and scope to increase value through refurbishment and active tenancy management. Full surveys and checks are recommended, including gas, electrical and structural inspections before purchase.
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