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1 East Terrace, Whitby, North Yorkshire YO21 - Image 1
1 East Terrace, Whitby, North Yorkshire YO21 - Image 2
1 East Terrace, Whitby, North Yorkshire YO21 - Image 3

1 East Terrace, Whitby, North Yorkshire YO21

Yorkshire

£80,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
664 sqft

Description

Nestled within the historic Kirby’s building in Whitby, this third-floor apartment offers significant renovation possibilities. Featuring two spacious bedrooms and a large lounge area, Flat 16 is ready for a transformative touch. The lounge radiates natural light, creating an inviting space that can be modernised to suit contemporary tastes. The separate kitchen provides ample opportunity to explore an open-plan design, enhancing the living area further. Each bedroom is generously sized, ideal for dual use as guest accommodations or a dedicated home office. The bathroom, conveniently located off the hallway, adds to the apartment’s overall functionality, while built-in storage options throughout contribute to its practicality. Positioned quietly at the back of this notable building, this flat presents a blank canvas for potential owners or investors looking to craft a stylish and characterful residence. Although it requires updating, the ability to shape it into a desirable property aligns perfectly with those seeking both personal charm and investment potential. Please be aware that holiday letting is not permitted.

Investment Analysis

(YO21 area)

Below Market Value

This property is priced -56.4% below area average per sq ft

-56.4%
Potential saving
This Property
£120/sq ft
Area Average
£277/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£202,029
10% above area average per sq ft
Potential ROI
+92.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (YO21)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -2.6%
5 year growth: 19.6%
Investment Disclaimer: Analysis based on YO21 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

1 East Terrace, Whitby, North Yorkshire YO21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE