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5 bedroom block of apartments for sale
5 Abbey Terrace, Whitby, North Yorkshire, YO21 3HQ
£360,000
5 Abbey Terrace, Whitby, North Yorkshire, YO21 3HQ
£360,000
Our Summary
- The property has been fully let until relatively recently, but following a plumbing fault has been water damaged confirming its ripeness for refurbishment now
- One of the five apartments is occupied at the time of writing these details, but the tenant is relocating and the thought is to sell the property with vacant possession so that a new owner will have a free hand for upgrading
- Development opportunity
Description
5 Abbey Terrace is a large Victorian townhouse in Whitby's Westcliff, converted into five flats, which has been fully let until recently due to a plumbing fault. The property has been water damaged, making it ripe for refurbishment. The basement apartment has its own access, while the remaining flats share a formal front entrance with a communal lobby, hallway, stairs, and landings. The building features a steel fire escape, fire alarm system, and safety lighting. Each flat has a double bedroom, with some having separate kitchens from their lounges. The property has a small front garden and a rear yard with limited bin storage and two parking spaces. The current tenant is relocating, and the property is being sold with vacant possession, allowing a new owner to upgrade the property as desired.