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See how verdicts work1-bedroom flat · YO18 7AJ
For saleListed 500 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Shared stair access** **Entrance Hall** **Living Kitchen** **Double Bedroom** **Bathroom** **Electric Heating** **Double Glazing** **Garage** **EPC Rating D** DESCRIPTION Pickering is an attractive market town situated along the A170, Thirsk to Scarborough road.
It is a short drive to the east coast and to the surrounding market towns of Helmsley, Kirkbymoorside and Malton. Malton has regular rail links to the City of York and Intercity service beyond.
Pickering has a busy Monday Street market, a good selection of shops, schools and amenities which include doctors surgery, dentists and library and interesting places to visit such as the Beck Isle Museum, Pickering Castle and the North York Moors Steam Railway.
Park Street is one of the older areas of Pickering located opposite the steam train station.
It is an area of mixed property type, with both town houses and period cottages running along its length and located within a minutes walk of the market place.
Flat 3, is one of four apartments that have been converted from an attractive old stone building that is believed to date back to 1845.
With stone steps rising from the ground floor and shared with the flat below no.3 has been recently refurbished by the current owner to offer relatively good sized accommodation.
A further flight of stairs rise to the second floor where there is a newly fitted kitchen that opens out into a living area.
A door leads to a double bedroom and adjoining recently fitted bathroom suite. The electric heating has also been updated.
The property might well suit a First time buyer or purchaser looking for a 'lock up & leave' second home. It also offers an excellent rental investment opportunity.
GENERAL INFORMATION Services: Mains water and electricity are connected. Connection to mains drains. Telephone connection subject to the usual British Telecom regulations. Electric heating.
Part uPVC double glazing. Council Tax: We are informed by North Yorkshire Council that this property falls in band A.
Tenure: We are advised by the Vendors that the property is Leasehold and the lease has just been extended to run out in December 2182. Vacant possession will be given upon completion.
There is an annual service charge of £600 per year. Viewing Arrangements: Strictly by prior appointment through the Agents Messrs Rounthwaite & Woodhead, Market Place, Pickering.
Telephone Directions: From the roundabout where the A170/169 join head West (towards Kirkbymoorside) along the A170.
Turn right at the traffic lights next to the Lidl supermarket sign posted The Ropery. Continue just a few hundred yards up the street turning right opposite the Steam train station.
Flat 3 is found on the right hand side indicated by a Rounthwaite & Woodhead 'For Sale' board. Post Code: YO18 7AJ
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
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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 Park Street, Pickering, North Yorkshire, YO18
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