2-bedroom flat · YO30 7DU
For saleReduced £5k (−2%) on 23 MarListed 462 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely two bedroom first floor apartment featuring a large open plan living space and located just a stone's throw from the city centre, with a balcony offering views towards The Minster.
There are ample amenities close by, easy access out of the city towards the ring road and the railway station is also just a short distance away.
Ideal as a home close to the city centre, the property would also make an excellent investment opportunity.
For details on both the current and the potential long term rental income, please contact the office.
The internal accommodation begins with an entrance hallway with access to a useful utility cupboard. The centrepiece of the home is the impressive open plan lounge/diner and fitted kitchen.
Bathed in light from large windows, the living space has a French door leading onto the balcony and kitchen features a range of wall and base units and a built-in oven and a hob.
The accommodation continues with the main bedroom with a three piece en-suite shower room and an additional second bedroom. The apartment is then completed with a three piece bathroom.
There are also the advantages of gas central heating and double glazing throughout. Outside the property is a small communal garden. This is a leasehold property. The lease is 999 years from 1/1/2002.
The current ground rent is £420 per annum. The latest service charge is £433.04 per quarter. The property is connected to a mains electricity supply, with mains water supplied by Yorkshire Water.
The broadband types available in the area are standard .Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile.
For details on any potential flood risk to the development please check the government long term flood risk website. Communal Entrance Secure entrance door and stairs leading to the first floor.
Entrance Hall Entrance door, radiator, telephone entry system, central heating programmer and utility cupboard with space for washing machine and also a consumer unit.
Lounge/Diner and Open Plan Kitchen 17'3" x 26'3" (5.26m x 8m) Windows to front and side elevations, two radiators and French door leading to balcony.
Kitchen features a range of wall and base units, work surfaces, sink, built-in electric oven, hob and extractor. Bedroom 1 11'1" x 9'2" (3.38m x 2.8m) Window to front elevation and radiator.
En-Suite Three piece suite with shower cubicle, sink, W.C., radiator and shaver point. Bedroom 2 7'1" x 9'11" (2.16m x 3.02m) Window to side elevation and radiator.
Bathroom Three piece suite with bath, sink, W.C., radiator and shaver point. Exterior Small communal garden. Material Information Leasehold. Council tax band C.
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.
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FAQ
About 7, Bootham Place, York
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