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Land at Green Lane, Whitby

Yorkshire

£130,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom cottage presents a unique opportunity for those looking to invest in a property with renovation potential. While the home requires significant updates, it offers a solid foundation for customization and enhancement, making it well-suited for anyone interested in creating their ideal living space or exploring rental possibilities. Situated in central Whitby, this property benefits from its proximity to key attractions, including the town center, harbor, and seafront. This prime location is not often available, providing a distinct advantage for future value appreciation. The cottage's access from Green Lane adds an element of convenience, allowing easy movement in and out of the area. The sizeable plot surrounding the cottage provides ample room for expansion or reimagining the space, appealing to developers and investors alike. As Whitby continues to attract visitors and residents for its charm and coastal appeal, this property represents a promising investment prospect. Early viewing is encouraged to truly understand the potential that this property holds.

Investment Analysis

(YO22 area)
Area Average
£294/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (YO22)

Area prices are rising by +5.3% over the last 12 months
3 year growth: 5.0%
5 year growth: 20.8%
Investment Disclaimer: Analysis based on YO22 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

Land at Green Lane, Whitby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 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