The Promenade, Withernsea, East Riding Of Yorkshire, HU19
EA

The Promenade, Withernsea, East Riding Of Yorkshire, HU19

By East Riding of Yorkshire Council

£ 75,000

Reviews

2 out of 5 stars

East Riding of Yorkshire Council says ..

Informal Tender An opportunity to acquire a two-bedroom mid-terrace property located in a seafront location in the coastal town of Withernsea. Property requires modernisation. Seafront views. CLOSING DATE 12 NOON WEDNESDAY, 5TH FEBRUARY 2025

Property Oracle says ..

This two-bedroom mid-terrace property located on The Promenade in Withernsea presents a mixed bag of opportunities and challenges for prospective buyers. The undeniable highlight is its enviable seafront position, offering breathtaking views of the coastline. This location is ideal for those seeking a tranquil seaside lifestyle and is likely to hold its value well. The proximity to several schools (Withernsea High School and Withernsea Primary School, both rated ‘Good’) is another potential advantage for families.

However, the property is in need of significant renovation. The interior images reveal dated finishes, requiring modernisation in the kitchen, bedrooms, and living areas. While the bathroom appears to be more recently updated, the overall condition requires substantial investment. The lack of external space, possibly no garden, is a notable drawback, further limiting its appeal.

The listed price of £75,000 needs careful consideration. While seemingly affordable relative to some other seafront properties in the area, the required renovations must be factored into the total cost. It is crucial to undertake a thorough survey to accurately determine the extent of the necessary work and obtain a professional valuation to ensure the purchase price aligns with the property’s true market value and potential post-renovation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
882.76

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
211,221.00 £
Increased by 3.90 %
from 203,300.00 £
Est sale value
174,786.48 £
Increased by 38.46 %
from 126,234.68 £
Average area rental value
657.00 £/mo
Decreased by 9.25 %
from 724.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.73 %
Decreased by 12.65 %
from 4.27 %
Crime Rate
33.00 %
Unchanged by 0.00 %
from 33.00 %

Agent Activity

  • East Riding of Yorkshire Council created the listing.

Nearby Schools

NameTypeOfstedDistance
Sure Start Children'S Centre WithernseaChildren's Centre0.90 KM
Withernsea High SchoolCommunity SchoolGood0.90 KM
Withernsea Primary SchoolAcademy ConverterGood1.00 KM
Sycamore House SchoolOther Independent Special SchoolGood1.31 KM
Patrington Cofe Primary AcademyAcademy Sponsor Led7.52 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Old Woodyard £ 125,00000.00 KM
Clover Drive £ 000.00 KM
King Street £ 90,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Promenade, Withernsea, East Riding Of Yorkshire, HU19 £ 75,000BUY4 / 100.00 KM
The Promenade, Withernsea £ 180,950BUY6 / 100.02 KM
Bannister Street, Withernsea, HU19 2DT £ 135,000BUYUnknown0.09 KM
The Promenade, Withernsea, HU19 2DP £ 235,000BUY7 / 100.10 KM
Bannister Street, WITHERNSEA £ 165,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
11 The Promenade £ 118,0000.00 KM
9 The Promenade £ 133,0000.00 KM
10 The Promenade £ 88,0000.00 KM
20 The Promenade £ 202,5000.00 KM
8 The Promenade £ 130,0000.00 KM