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Gray Street, Whitby, YO21 1EP

Yorkshire

£250,000

Listed on 24/09/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1088 sqft

Description

Located on Gray Street, this beautifully presented period terraced house is currently a successful holiday let with forward bookings in place. Spanning approximately 1,088 sq ft over three floors, the property offers generous accommodation and comes with planning permission to create two separate dwellings, making it an intriguing opportunity for both homeowners and investors. Upon entering, you will notice the bright and spacious living room featuring a traditional bay window and a contemporary finish that creates a comfortable yet characterful atmosphere. The kitchen is particularly spacious, boasting deep blue cabinetry and contrasting worktops, while a separate dining room enhances the ground floor's functionality for everyday living and entertaining. The upper floors house three double bedrooms, with two on the first floor alongside a modern family bathroom. The top floor reveals an impressive principal bedroom that adds a sense of scale to the home. Outside, a small enclosed courtyard provides a private space for relaxation. The existing planning permission allows for the subdivision of the property into one one-bedroom dwelling and one three-bedroom dwelling, presenting further potential for buyers looking to maximize their investment. Alternatively, the property stands ready to be enjoyed as a substantial home with ample space. Conveniently situated near Whitby's harbour, marina, shops, cafés, and restaurants, this property offers the best of central living while maintaining a peaceful atmosphere. Offered at £250,000 with the benefit of existing planning permission, this home presents various possibilities for enjoyment today or investment tomorrow.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

62out of 100
Grade CPotential opportunity

Confidence: LOW

This terraced house on Gray Street presents a compelling opportunity to acquire a well-maintained property at a price that is significantly below the local average. With an asking price of £250,000, translating to £230/sqf, this listing is 18.3% below the local £/sqf average of £281, making it an attractive option for both homeowners and investors alike. The property is currently a successful holiday let, boasting forward bookings, which enhances its appeal as a rental investment.

Inside, the spacious living room is filled with natural light, while the modern kitchen features quality finishes that elevate the home's charm. The contemporary bathroom and three double bedrooms add to the overall comfort of the property. Furthermore, the existing planning permission to subdivide the house into two separate dwellings opens up additional avenues for value creation, whether through renovation or resale. While the limited outdoor space may be a consideration for some buyers, the location and potential of this property make it worthy of attention.

Key opportunities

  • Significantly below local average price per square foot presents a strong entry point for investment.
  • Existing planning permission for subdivision into two dwellings offers potential for increased value.
  • Successful holiday let status with forward bookings indicates robust rental potential.

Key risks

None recorded.

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Map

Location

Gray Street, Whitby, YO21 1EP
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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