1-bedroom flat · YO31 8SQ
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a quiet residential setting at the head of a cul-de-sac, this well-maintained one-bedroom ground floor apartment enjoys open views from the front window, communal gardens and convenient access to the city centre and a wide range of local amenities.
A fantastic first property, the apartment is presented in good condition throughout and is ready to move into.
Accessed via a secure communal entrance, the accommodation opens into a welcoming entrance hall, with the reception room and kitchen diner positioned straight ahead.
The dual-aspect windows allow plenty of natural light to fill the space, while the reception room benefits from a feature fireplace.
The modern kitchen provides a good range of storage and generous worktop space. The double bedroom is positioned off the hallway, with the accommodation completed by a three-piece bathroom.
There is also useful storage within the apartment, together with allocated parking and access to the communal gardens. Sure to be of interest on the open market, early viewing is highly recommended.
Leasehold Length of lease- 88 years remaining Ground rent - £600 per annum Ground rent review period- fixed Service Charge- £324 per annum Anti-Money Laundering Compliance We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors.
These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed.
If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks.
We use a partner supplier MoveButler, to carry out these checks on our behalf.
They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely.
There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks..
This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances.
Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.
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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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 193, Fossway, York
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