2-bedroom flat · HG4 1BQ
For saleListed 63 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity to be part of an imaginative development situated at the heart of historic Ripon.
The centre-piece is a magnificent, Dutch gable fronted period building that has undergone a thoughtful and sympathetic programme of restoration and stands proudly as part of the local street scene.
This apartment occupies a convenient and secure ground floor position and takes full advantage of the features of the original building including high ceilings and tall sash windows which add to the feeling of light and space.
With high quality fixtures and features throughout, it is clear that great care has been taken to specify the property to a high standard, creating a luxurious ambience and a charming living environment.
Although originally intended to be a two bedroom apartment with an open-plan living/dining kitchen, the current owner has taken advantage of the versatile configuration by utilising the larger bedroom as a sitting room.
The property comes with an allocated parking space and lies conveniently just a few steps from the picturesque market place and a wide range of amenities.
With gas central heating and double glazing throughout, this is a great opportunity for discerning owner-occupiers to enjoy a low-maintenance lifestyle or investors looking for excellent returns.
Please call to arrange your personal viewing and discover a truly distinctive home. You will be greeted by a communal entrance hall where there is some useful storage space.
The front door to the apartment leads to a spacious and welcoming entrance hall where the quality of design and finishes creates a great first impression.
The stunning living/dining kitchen is this property's showpiece and provides a kitchen area fitted with a comprehensive range of base and wall cupboards, preparation space with one and a half bowl sink and a range of quality appliances including fridge, freezer, dishwasher, electric oven, electric hob and extractor over.
As previously mentioned, bedroom one is now a beautifully presented sitting room offering well-proportioned, comfortable relaxing space.
The remaining bedroom is a good size and the immaculately presented bathroom is stylishly appointed with a white suite of panelled bath with shower over, toilet and wash basin.
An allocated car parking space is conveyed with the apartment.
Skellgate House stands in a prominent position along Water Skellgate just moments from Ripon market place where you can take advantage of a wide range of services including shops, cafés and supermarkets situated around the historic centre.
Ripon boasts a thriving community and a choice of many recreational options, sporting and leisure facilities.
An excellent local road network and regular bus services connect with the wider region for the commuter or regular traveller.
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
Agent & docs
FAQ
About Skellgate House, 18,Apartment 1, Water Skellgate, Ripon
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