1-bedroom flat · YO32 4TQ
Listing removedListed 244 days
Opportunity summary
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About
Located within the well regarded Joseph Rowntree village of New Earswick, Willow Bank is a one bedroom ground floor apartment offering straightforward, well laid out accommodation with the added benefit of no forward chain.
The property is approached via communal lawned gardens to the front and opens into a central entrance hall that provides access to the main living areas.
The lounge is positioned to the front of the apartment and offers a comfortable living space, complete with a recessed storage cupboard and an open connection through to the kitchen.
The kitchen is fitted with modern wall and base units and provides practical, everyday functionality.
To the rear of the apartment is a well proportioned double bedroom, while the bathroom is fitted with a three piece white suite and completes the accommodation.
Offered with vacant possession, this apartment will appeal to first time buyers, downsizers, or investors looking for a well located and sensibly laid out ground floor home within a popular residential setting.
Simon Says "This is honest, no-nonsense living in a setting that people actively choose. Ground floor, sensible layout, no chain, and a village feel that’s hard to replicate.
Whether you’re buying your first place, scaling things back, or looking for a straightforward investment, Willow Bank does exactly what it says on the tin and does it well." At the time of the listing the below were reported by the vendor as current: Lease Term: 189 years - from 10th Jan 2017 Ground Rent: £5 PA Service Charge/ Maintenance Fee: £72.60 PM (£871.20p PA) Management Company: JRHT Council Tax Band: A Local Authority: City of York Council Parking: On Street Disclaimer: The information provided in this listing is for general guidance only and does not form part of any offer or contract.
While we aim to ensure accuracy, details should not be relied upon as statements of fact. All measurements, descriptions, and images are approximate and for illustrative purposes only.
Prospective buyers must carry out their own due diligence and satisfy themselves as to the accuracy of the information by inspection or other means.
Indigo Greens has not tested any services, appliances, or systems and cannot verify their condition or functionality.
We accept no liability for any loss or damage resulting from reliance on the information provided. Entrance Hall: uPVC double-glazed entrance door to front, carpet, power points, storage area.
Lounge: uPVC double-glazed window to front, TV point, phone point, carpet, power points, wall-mounted electric heater, recessed storage cupboard, open access to kitchen.
Kitchen: Modern fitted kitchen with a range of wall and base units, stainless steel sink and drainer unit with mixer tap over, plumbing for washing machine, space for electric cooker, stainless steel extractor hood, power points.
Inner Hall: Carpet, power points Bedroom: uPVC double-glazed window to rear, carpeted flooring, power points, wall-mounted electric heater Bathroom: Three-piece white suite comprising panelled bath with mains shower attachment over, wash hand basin with base unit, low-level WC, vinyl floor covering, extractor fan, electric towel rail Outside: Lawned communal gardens to the front and rear with non permit, off street parking available on a first come, first served basis
Value & comps
No previous sales on record.
Returns
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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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About Willow Bank, New Earswick, YO32
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