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46.5 acres, Flamborough, Bridlington - Image 1
46.5 acres, Flamborough, Bridlington - Image 2

46.5 acres, Flamborough, Bridlington

Yorkshire

£425,000
Listed on 21/09/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive 46.5-acre parcel of land lies at the periphery of a village, presenting an ideal opportunity for renovation or investment. Its location is particularly advantageous, being adjacent to existing residential developments and recreational facilities, which underscores its potential for future growth. The land itself consists of productive, free-draining arable fields, making it suitable for agricultural endeavors while also allowing for various development options pending necessary consents. This versatility positions the property as a prime candidate for residential or leisure projects that could meet the growing demand in the area. Furthermore, additional surrounding land may be available, offering possibilities for larger scale development or diversification of use. This property not only provides immediate utility but also represents a strategic investment opportunity in a region poised for expansion.

Investment Analysis

(YO15 area)
Area Average
£196/sq ft
Avg Rent (weekly)
£145
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (YO15)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 41.4%
5 year growth: 23.8%
Investment Disclaimer: Analysis based on YO15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

46.5 acres, Flamborough, Bridlington
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE