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See how verdicts work1-bedroom flat · YO1 6EL
Listing removedReduced £45k (−25.7%) on 9 JulListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unexpectedly back on the market, this well-proportioned one bedroom first floor apartment is placed down a quiet lane in a sought after area close to the heart of the city centre and is offered with no forward chain and vacant possession.
Set in the Bishophill area within the historic city walls, the property is just steps away from York’s vibrant city centre and is also ideally located to access the railway station.
An exceptional opportunity for first-time buyers, the property would also make an superb investment opportunity. For details on the potential rental income please contact the office.
The apartment is reached through a secure communal hallway shared with one other property.
A staircase then leads to the first floor and there is a useful storage cupboard placed on the communal landing.
Once inside a private entrance hall leads down to the generous main living space, an impressive lounge/diner.
Bathed in light from a south facing window there is also access to the separate fitted kitchen. The kitchen feature a range of wall and base units and a also a built-in oven and hob.
The apartment then continues with a double bedroom and finally a three piece bathroom with a shower over the bath. The property also benefits from gas central heating and is single glazed.
Outside the property are a few shared parking spaces available on a first come first served basis.
The property is connected to a mains gas supply, a main electricity supply and mains water is supplied by Yorkshire Water. The broadband types available in the area are standard and ultrafast.
Mobile availability at the property is covered by all four major suppliers.
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 125 years from 20/2/1989. The latest service charge was £834 for the year but this included a new communal entry door with security fobs fitted. The previous year was £375.
The ground rent is £10 per annum. Communal Entrance Secure entrance door, stairs leading to first floor and storage cupboard on landing space.
Entrance Hall Entrance door, window to rear elevation, telephone entry system and consumer unit. Lounge/Diner 9'6" x 15'8" (2.9m x 4.78m) Window to rear elevation and radiator.
Kitchen 5'10" x 12'9" (1.78m x 3.89m) Wall and base units, work surfaces, sink, built-in electric oven, hob, extractor, window to front elevation and radiator.
Bedroom 11'9" x 10' (3.58m x 3.05m) Window to front elevation and radiator.
Bathroom Three piece suite with bath with shower over, sink, W.C., radiator, window to front elevation and cupboard housing central heating boiler. Material Information Leasehold. Council tax band B.
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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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 39, Trinity Lane, York
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