Bridlington - Investment area

[James S]

Hi,

I’m currently looking at Bridlington as a potential investment area, simply from a cashflow perspective.

Like most seaside towns, I’m aware that it may have issues with employments and drugs but putting those aside, I’d love to hear from someone that has either invested in Bridlington or perhaps has lived there or in the proximity previously. 
 

I live down South in Brighton and I’ve never even been to Bridlington, so I of course have quite a bit of research to do myself, but before delving deep into it, I just wanted to see if there was any advice on here. 
 

I’m currently looking at self contained flats around the harbour and the yield is very impressive, however, it won’t be that impressive if the properties sit empty or if I have bad tenants! Doing some very casual armchair research I can see that the demand on spare room etc is relatively good and the properties that I’m looking at already have long term tenants.

Any advice would be much appreciated.

Thanks again for your time.

James

[Mark Rocks]

Hi @James S

You've probably already seen this in your research, but it looks like there's some regeneration investment taking place in the Bridlington area at the moment... https://www.thisisthecoast.co.uk/news/local-news/bridlington-seafromt-improvements-near-completion/

Do you think this could have a positive impact on the overall viability of the area for you to invest in it?

[James S]

Thanks Mark. 
 

Any local investment tends to be beneficial. I think I’m going to stay there for a weekend to see what it’s all about!

 

James

On 3/21/2022 at 4:38 PM, Mark Rocks said:

Hi @James S

You've probably already seen this in your research, but it looks like there's some regeneration investment taking place in the Bridlington area at the moment... https://www.thisisthecoast.co.uk/news/local-news/bridlington-seafromt-improvements-near-completion/

Do you think this could have a positive impact on the overall viability of the area for you to invest in it?