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Conversion of Two Hotels  into

11 Holiday Apartments

Carlill House, Royal Crescent, Whitby, North Yorkshire, YO21 3EJ

The Location

Carlill House is perched along Royal Crescent, offering sweeping views over Whitby’s scenic coastline. Located in a premium tourist zone just minutes from the beach and the town’s central attractions, it benefits from year-round occupancy demand, making it highly suitable for short-let and second-home ownership. 

The Strategy

Convert and Sell

Financials

  • Purchase Cost: £719,946

  • Conversion & Proffesional Fees: £1,955,365

  • Finance Costs: £452,716

  • Sales Costs: £50,400

  • Total Costs: £3,178,427

  • GDV: £4,200,000

  • Profit: £1,021,573

  • Profit on GDV%: 24.32

Current Status

​Completed

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