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Assembly House, Scholars Way, Bridlington, YO16 4HS - Image 1
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Assembly House, Scholars Way, Bridlington, YO16 4HS

Yorkshire

£60,000

Listed on 21/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat located on the second floor presents a promising opportunity for those looking to invest in real estate or embark on a manageable renovation project. With a spacious layout, this property has potential for enhancement across various areas, making it suitable for DIY enthusiasts eager to add value. Once renovations are completed, the estimated annual gross rental income could reach approximately £7,800. The flat includes essential amenities: a hallway leading to a living room, kitchen, two bedrooms, and a bathroom. Additionally, it features double glazing and electric heating throughout. Externally, there is a designated parking space. Positioned conveniently near Bridlington town centre, residents have access to supermarkets, independent shops, cafes, and all everyday necessities. Transport links are also favorable with easy access to Bridlington railway station and local bus routes serving East Yorkshire.

Investment Analysis

(YO16 area)
Area Average
£223/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (YO16)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +0.7%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on YO16 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

Assembly House, Scholars Way, Bridlington, YO16 4HS
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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
£214
Based on a loan of £45,000 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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