2-bedroom flat · YO23 1FL
Sold STCReduced £10k (−3.1%) on 4 AugListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no above chain and residents parking, this modern first floor leasehold apartment boasts ample natural light and elevated views.
This stylish residence provides contemporary living, strong energy efficiency and excellent access to local amenities, and presents an appealing opportunity for a variety of buyers.
Set within the desirable ‘Chocolate Works’ development, Medallion House was built in 2020, benefits from high quality contemporary construction and an EPC rating of B.
The heart of the home is a bright, spacious open plan living, dining and kitchen area, where the modern kitchen is fully fitted with integrated appliances and generous worktop space, creating a perfect environment for everyday use.
Double sliding doors flood the space with natural light and open onto a south facing private balcony with views towards the York Racecourse offering an inviting outdoor spot to relax.
Two well-proportioned double bedrooms, including a main bedroom with its own ensuite shower room are complimented by a separate house bathroom that serves guests and the second bedroom.
Positioned in a neighbourhood with exceptional access to education and transport links-including nearby National Rail services-the property offers a superb blend of comfort, convenience, and lifestyle appeal.
Material Information Leasehold Length of lease- 989 years remaining Ground rent- £250 per annum Ground rent review period- Every 15 years- reviewed in 2031 Service charge £1398 per annum
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 27 Medallion House,, Joseph Terry Grove, North Yorkshire
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