2-bedroom flat · YO30 7DU
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An impressive two bedroom ground floor apartment located just a stone's throw from the city centre in a popular modern development.
Ideal for city living, there are ample amenities close by and the railway station is also just a short stroll away. There is also a simple route heading out of the city towards the outer ring road.
Perfect as a home close to the city centre, the property would also make an excellent investment opportunity. For details on the long term potential rental income, please contact the office.
The apartment is reached through a secure communal hallway. Once inside there is an entrance area with access to a useful utility cupboard housing a washing machine.
The main living space boasts an open plan lounge and fitted kitchen.
The living area has windows overlooking a communal garden and the kitchen has a built-in oven, hob and a fridge with a freezer drawer. There is ample space for both living and dining.
The accommodation then continues with a main double bedroom and a smaller second bedroom which would also make an excellent space to work from home.
Finally there is a three piece bathroom with a white suite and a shower over the bath. There are also the advantages of gas central heating and double glazing.
Outside the property is access to a central communal garden within the development. No parking comes with the property. Please be aware the photos shown were taken before the current tenants moved in.
The property is connected to a mains gas supply, 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. 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 £1667 per annum. Communal Entrance Secure entrance door and access to communal garden.
Entrance Hall Entrance door and access to storage/utility cupboard with space for washing machine. Lounge/Diner and Open Plan Kitchen 17'9" x 16'1" (5.4m x 4.9m) Windows to front and side elevations.
Fitted kitchen offers wall and base units, work surfaces, sink, built-in oven, hob and fridge with freezer drawer. Bedroom 1 13'11" x 8'11" (4.24m x 2.72m) Window to rear elevation.
Bedroom 2 6'7" x 9'4" (2m x 2.84m) Window to rear elevation. Bathroom Three piece suite with bath with shower over, sink and W.C. Material Information Leasehold. Council tax band C.
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.
Area
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FAQ
About 5,, Bootham Place, York
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