1-bedroom flat · YO8 4QB
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the second floor of an attractive converted former courthouse, this beautifully presented one-bedroom apartment offers a wonderful blend of character, space and contemporary living in the very centre of Selby.
Access is via a shared entrance and staircase serving two other apartments within the building, with the apartment entrance located on the first floor leading to the penthouse above.
Once inside, the property benefits from an additional staircase which belongs exclusively to the apartment, creating a unique sense of arrival and separation from the communal areas.
The upper gallery-style landing offers further versatility and presents excellent potential for the creation of bespoke built-in storage.
The apartment opens into an impressively spacious and airy hallway which provides exceptional versatility – ideal as a home office space, reading area, craft corner or study zone while still maintaining a bright and open feel.
At the heart of the home is the stunning open-plan kitchen, dining and living space, beautifully decorated and designed for modern living and entertaining.
High ceilings enhance the sense of space throughout and create a light, elegant atmosphere.
The property further benefits from a generous double bedroom and a stylish modern bathroom fitted with a double shower.
Finished to a high standard throughout and ready to move straight into, this apartment would make an ideal first-time purchase, investment opportunity or lock-up-and-leave home.
Perfectly positioned in central Selby, everything you need is quite literally on the doorstep, with excellent access to shops, supermarkets, cafés, restaurants, bus routes and Selby train station, making commuting and day-to-day living incredibly convenient.
Additional Information: • Lease Term Remaining: 989 years • Annual Management Fee: £1000 pa • Ground Rent: £200 pa • No Onward Chain
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
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FAQ
About Flat 7 The Courthouse, New Lane, Selby
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