We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DL10 7AG
For saleListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Frenchgate, Richmond Positioned within an attractive period building in the heart of Richmond, this well-presented top-floor apartment combines character, practicality and convenience, all within moments of the town's independent shops, cafés, restaurants and historic landmarks.
Offering bright and spacious accommodation throughout, the property will appeal to a range of buyers, including first-time purchasers, professionals, downsizers and those seeking a lock-up-and-leave home in one of North Yorkshire's most desirable market towns.
The accommodation centres around a generous kitchen/dining room and a separate living room, both enjoying elevated views across the surrounding townscape.
Two double bedrooms are accessed from the central hallway, alongside a bathroom and useful storage. A particular advantage of the property is the additional room located on the floor below.
Offering valuable flexibility, this space is ideal as a dedicated home office, hobby room, occasional guest room or additional storage area, adapting easily to suit a variety of lifestyles.
Externally, the property benefits from an allocated parking space to the rear, together with access to a communal garden, a rare benefit for a town centre property.
Richmond continues to attract buyers seeking a balance of lifestyle and convenience, with Richmond Castle, the Georgian Theatre Royal, Richmond Falls and beautiful riverside walks all within easy reach.
Darlington's mainline railway station is approximately 15 minutes away, providing direct links to London, York and Edinburgh.
Finer details: Council Tax Band - B Energy Rating - E Service Charges £250 PCM (to build up the pot) Grade 2 listed Central Heating - Gas Central Heating Parking - 1 allocated parking space and one visitor space with an access pass Leasehold with a share of the freehold We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal, who will contact you once you have agreed to instruct us in your sale or have had an offer accepted on a property you wish to buy.
The cost of these checks is £60(incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive £11.00 of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Frenchgate, Richmond
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