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Horsforth Avenue, Bridlington, East Riding of Yorkshire, YO15 - Image 1
Horsforth Avenue, Bridlington, East Riding of Yorkshire, YO15 - Image 2
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Horsforth Avenue, Bridlington, East Riding of Yorkshire, YO15 - Image 9
Horsforth Avenue, Bridlington, East Riding of Yorkshire, YO15 - Image 10
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Horsforth Avenue, Bridlington, East Riding of Yorkshire, YO15

Yorkshire

£149,995
Listed on 16/05/2026

Property Details

Bedrooms
4
Type
Block Of Apartments
Area
1604 sqft

Description

This freehold property comprises two distinct self-contained flats, presenting a lucrative investment opportunity for both seasoned landlords and buyers seeking additional income streams. The ground floor features a one-bedroom flat, complete with gas central heating, uPVC double glazing, off-street parking, and a quaint courtyard garden. Currently generating rental income of £400 per month, it offers immediate revenue. Above it sits a spacious three-bedroom maisonette that stretches over two levels, including a kitchen/diner and a generous living area. This upper flat is ready for some modern updates, making it an excellent prospect for someone looking to enhance its value and create a desirable living space. With the property currently vacant, the potential monthly rental income for this maisonette is estimated at around £695 or more. Both flats maintain separate utilities and council tax obligations, adding to their appeal as independent units. Furthermore, there is potential to develop the courtyard into additional parking space subject to planning permissions. Spanning over 1600 SQ FT in total, this versatile property invites savvy investors to consider its renovation possibilities for increased profitability.

Investment Analysis

(YO15 area)

Below Market Value

This property is priced -52.0% below area average per sq ft

-52.0%
Potential saving
This Property
£94/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£129
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£343,793
10% above area average per sq ft
Potential ROI
+80.9%
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
8%
Properties sold annually

Local Market Trend (YO15)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +16.9%
5 year growth: +13.9%
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

Horsforth Avenue, Bridlington, East Riding of Yorkshire, YO15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,496 over 30 years at 3.97% 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.

Stamp Duty Calculator

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