3-bedroom bungalow · YO42 4AP
Sold STCListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exclusive development of five detached bungalows is located within the popular Lavender Fields Care Village, only a short drive from the market town of Pocklington and the City of York.
This development boasts additional features not seen on the original part of the site, including air source heat pumps and underfloor heating.
This micro development is tucked away on the left-hand side providing quick access to the hub and all its facilities.
The property benefits from three bedrooms, although one could be used as a snug or home office, an open plan kitchen/diner, two wet rooms, a nicely maintained garden and off street parking.
The current vendor has significantly upgraded the kitchen and both wet rooms, improvements that will surely appeal to the most discerning of purchasers.
The site has been developed to provide individuals or couples with a place to make new friends, keep active, get creative and be part of a community.
Lavender Fields has many of its own amenities including a licensed bistro, tea room/café, wellness centre, hair salon with nail bar, general store with post office facilities and a cinema room, so a meal out or going to a hair appointment is but a stone’s throw away.
Lavender Fields takes all this stress and worry away, not only is the site secure but there is an onsite team that looks after the day to day running of the village, meaning your property is always in safe hands whether you are home or away.
The village is located within a rural setting, away from busy roads and noise.
This does not mean that you are isolated however or that driving is a requirement, as there is a shuttle bus that provides access to the local town of Pocklington and a variety of different locations.
If you are active, then there are plenty of sports teams, activities and groups available in the area.
There are a variety of golf courses, fishing lakes, walks and cycle routes to name but a few of the options.
The bungalows are leasehold with a 999 year term, have a peppercorn rent in perpetuity and as such there are no hidden increases for ground rent.
If you decide to sell in the future, you will be happy to know that there are no exit fees! The only requirement is that one of the occupiers must have a care need due to age or incapacity.
The management fee of £287 per month covers jobs including window cleaning, grass cutting, gutter clearance, removal of household waste and the maintenance of communal areas.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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 Cherry Walk, Lavender Fields, Barmby Moor, York, East Riding of Yorkshire, YO42 4AF
Explore nearby