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54A & 54B Queen Street, Withernsea, East Riding of Yorkshire HU19 2AF

PROPERTY TYPE

End of Terrace

BEDROOMS

7

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Auction Commencing on Monday 06th October at 1pm and ending 24 hours later on Tuesday 07th October at 1pm with Auction House

Please register to bid via our website - auctionhouse.co.uk

High-Yield Investment Opportunity – Potential 7-Bed HMO

Open House Viewings (no need to book)
Saturday 20th September at 13:15pm until 13:45pm
Saturday 27th September at 10am until 10:30am
Saturday 04th October at 10am until 10:30am

A substantial corner property arranged as two self-contained flats, offering the potential to be operated as a 7-bedroom HMO (subject to any necessary consents). Situated in the seaside town of Withernsea, this property presents an excellent opportunity for investors seeking strong returns.

54A Queen Street (Ground Floor Flat)
=Approx. 56 sq m (603 sq ft).
=Currently configured as a self-contained two-bedroom flat.
=Could be let by the room as 2 HMO units.

54B Queen Street (Maisonette – First & Second Floors)
-Approx. 117 sq m (1,262 sq ft) across two floors.
-First floor: living room, kitchen with balcony, bathroom, and 2 bedrooms.
-Second floor: 2 further double bedrooms and additional storage.
-Could be reconfigured/let by the room as 5 HMO units.
-Rental Potential

If let by the room as a 7-bed HMO, with conservative rents of £90–£100 per week per room, the property could generate a gross annual income in the region of £32,760 – £36,400.

This represents a significantly higher yield compared with single-tenancy lets.

Location
Occupying a prominent corner position on Queen Street, close to the centre of Withernsea, the property benefits from easy access to local shops, amenities, schools, and the seafront. Withernsea offers steady rental demand from both local tenants and seasonal workers.

Summary
-Two self-contained flats on one freehold title.
-Combined internal area of approx. 173 sq m (1,865 sq ft).
-Excellent scope to operate as a 7-bed HMO.
-Potential gross rental income in excess of £3,000pcm when fully occupied.
-Attractive long-term buy-to-let or HMO conversion project.

EPC Ratings: Available in the legal pack.

Tenure: Freehold

EPC Rating: C

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

54A & 54B Queen Street, Withernsea, East Riding of Yorkshire HU19 2AF

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About Auction House, South Yorkshire

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Why Use Auction House South Yorkshire?

· Market position Auction House are firmly established as the UKs no.1 property auctioneers based on lots sold, last year our total exceeded 3,700 and nationally we sell over 75% of lot entered to our room auctions. We are market leaders across Yorkshire and hold regular auctions in Leeds, Sheffield and Beverley. We also operate Online Auctions with sales every Thursday (except over Christmas and the New Year.

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Disclaimer - Property reference 202509121123sq_i2ng. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, South Yorkshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, South Yorkshire on 0114 697 5583.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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