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Olinda Road, Bridlington, East Riding of Yorkshire, YO15 - Image 1
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Olinda Road, Bridlington, East Riding of Yorkshire, YO15

Yorkshire

£150,000

Listed on 27/05/2026

Property Details

Bedrooms
4
Type
Bungalow

Description

This property presents a unique investment opportunity, already partly developed with full planning permission for the conversion of the existing end-terraced house into two one-bedroom flats, along with the construction of a new two-bedroom dwelling at the rear. The property is strategically located near Bridlington Town Centre and Harbour, enhancing its appeal for investors aiming for rental income or resale. Currently, the first-floor flat is tenanted, generating immediate rental income while you complete the renovations on the ground floor and new build. This flexible arrangement allows potential owners to retain all units for a continuous cash flow or sell them individually or as a complete package to maximize profitability. With convenient access to local amenities including major retailers like Tesco and Lidl, this location promises high tenant demand. This partially finished project not only offers an excellent return on investment but also significant growth potential in a highly sought-after area of Yorkshire.

Investment Analysis

(YO15 area)
Area Average
£195/sq ft
Avg Rent (weekly)
£143
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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
7%
Properties sold annually

Local Market Trend (YO15)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +8.4%
5 year growth: +16.0%
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

Olinda Road, Bridlington, East Riding of Yorkshire, YO15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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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