1-bedroom flat · HG4 2TJ
For saleListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NEW PRICE - Set in the Old College grounds and surrounded by beautiful, well kept gardens, this one bedroom apartment is well presented throughout, whilst also being offered to market with no onward chain.
Located on the first floor with lift access, the apartment enjoys the use of communal gardens and benefits from allocated parking.
Ideal as a buy to let investment, the property has been a successful rental for a number of years, whilst the apartment is also sure to attract first time buyers and the retired.
Access is available on the ground floor, through a communal entrance door with intercom access. Stairs and a lift give access to the upper floors, where the entrance is available to the apartment.
There is a private entrance hall with storage cupboard and further cupboard housing the hot water system.
There is a lovely open plan living space, with a fully equipped kitchen which is fitted with a range of units and integrated appliances, whilst double doors enjoy views over the communal grounds.
There is a good size double bedroom and the stylish fully tiled bathroom bathroom, fitted with a modern white suite, including a bath with shower and glazed screen over.
Externally the apartment has use of the communal grounds, plus private gardens and seating area to the rear.
There is a bin storage area and access to a bike store, whilst the property also has an allocated parking space, plus further guest parking is available.
Located just a short walk from the city centre, the property is ideally situated, offering ease of access to the array of shops and restaurants that Ripon has to offer.
This property is in council tax band A.
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.
Area
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FAQ
About Steven Way, Ripon
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