2-bedroom terraced house · YO23 1HS
For saleReduced £20k (−7.1%) on 2 OctListed 376 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the ever-popular residential area of South Bank, just a short distance from York Racecourse and the vibrant Bishopthorpe Road, is this well-presented two-bedroom mid-terrace home.
Having previously been a successful rental property for many years, it is now offered for sale with no onward chain and is expected to attract strong interest on the open market.
The accommodation briefly comprises an entrance hall leading through to two separate reception rooms, with a spacious kitchen positioned at the rear.
The kitchen offers a range of fitted wall and base units with ample worktop space and room for freestanding appliances.
Beyond the kitchen is a rear hall providing access to a three-piece family bathroom.
To the first floor are two well-proportioned double bedrooms, with stairs leading to a loft room featuring two windows that allow plenty of natural light.
Externally, the property enjoys a charming forecourt to the front and a south-facing courtyard-style garden to the rear, complete with access to the service lane and a brick-built store.
Offered with no onward chain, early viewing is highly recommended.
Council Tax Band B Anti-money laundering compliance We are legally required to conduct Anti Money Laundering checks on all purchasers and sellers.
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 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 22, Balmoral Terrace, York
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