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Meadow View, Gristhorpe, Filey, North Yorkshire

Yorkshire

£195,000
Listed on 25/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
893 sqft

Description

Situated in the charming village of Gristhorpe, this three-bedroom mid-terrace property represents a significant opportunity for both homeowners and investors. With its strategic location just a short drive from popular coastal towns such as Filey, Bridlington, and Scarborough, this residence benefits from peaceful rural living while remaining close to vital amenities. The property is conveniently located on a bus route and near a local pub, enhancing its community feel surrounded by beautiful countryside and coastal paths. The home occupies a spacious plot that includes two outbuildings at the rear for extra storage options. The large garden, predominantly laid to lawn with a gravel seating area, provides breathtaking views of open fields—ideal for unwinding or hosting gatherings. Internally, the property is in excellent condition following substantial renovations that modernized several aspects. A modern kitchen and bathroom are complemented by new flooring throughout, updated insulation, modern internal doors, contemporary UPVC doors and windows, a full rewire of electrical systems, and an efficient gas central heating system with double glazing installed. There remains further potential for expansion through loft conversion or alterations to the rear (subject to planning permissions), allowing buyers to maximize their investment. A welcoming entrance leads up to a bright living room featuring dual aspect windows that flood the space with natural light. The kitchen is well-designed with ample dining space and direct access to the garden. Upstairs comprises three good-sized bedrooms sharing an elegantly finished family bathroom. This property is offered with no onward chain and vacant possession upon completion, making it particularly appealing for first-time buyers or savvy investors looking to capitalize on the location's rental potential. Early viewing is encouraged to fully grasp all this promising property has to offer.

Investment Analysis

(YO14 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£218/sq ft
Area Average
£246/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£241,155
10% above area average per sq ft
Potential ROI
+7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (YO14)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -3.2%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on YO14 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

Meadow View, Gristhorpe, Filey, North Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£703
Based on a loan of £146,250 over 30 years at 4.06% 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.

Price History

-2.5% since listed
£195,000£5,000(-2.5%)
26/03/2026
Current price
£200,000Initial listing
08/10/2025

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