2-bedroom flat · YO26 6AA
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two bedroom top floor apartment offers a generous open plan living space which opens up onto a balcony and the additional benefits of a bathroom, an en-suite and outside an allocated parking space.
Located to the west of the city on Boroughbridge Road, the property has good links with the city centre and an easy route towards the outer ring road. There are also additional amenities nearby.
The property would make an excellent home in a popular development but would also make a superb investment opportunity.
For details on the current and long term potential income, please contact the office. The property is reached through a secure communal hallway with a staircase leading up to the second floor.
Once inside the internal accommodation begins with a generous entrance hall with a useful storage cupboard housing a hot water tank.
The heart of the home is the open plan lounge/diner and fitted kitchen.
The lounge has a set of French doors leading onto the balcony with views over Boroughbridge Road, whereas the kitchen has a range of wall and base units and built-in appliances.
The apartment then continues with a main bedroom with a modern en-suite shower room.
There is a smaller second bedroom which would also make an excellent space to work from home and finally a three piece bathroom. The property is also electric heating and double glazing throughout.
Outside the property there is the allocated parking space and visitor parking shared with the whole development. There is also a delightful lawned communal garden.
The property is connected to a mains electricity supply, with mains water supplied by Yorkshire Water. The broadband types available in the area are standard and ultrafast.
Mobile availability at the property is covered by all four major suppliers.
Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile. This is a leasehold property.
The lease is 125 years from 1/1/2004.
The latest service charge was £1233.57 per annum, there is a rebuild cost assessment of £24 per annum, a terrorism policy charge of £33.15 per annum, buildings insurance of £254.59 per annum and the ground rent is £150 per annum.
Communal Entrance Secure entrance door and stairs leading to second floor. Entrance Hall Entrance door, window to rear elevation and storage cupboard housing hot water tank.
Lounge/Diner 14'7" x 13'7" (4.45m x 4.14m) Windows to front elevations and French doors leading to balcony.
Kitchen 9' x 13'8" (2.74m x 4.17m) Wall and base units, work surfaces, sink, built-in appliances and window to side elevation. Bedroom 1 14'4" x 9'9" (4.37m x 2.97m) Window to front elevation.
En-Suite Three piece suite with shower cubicle, sink and W.C. Bedroom 2 6'11" x 13'8" (2.1m x 4.17m) Window to rear elevation. Bathroom Three piece suite with bath, sink and W.C.
Exterior Allocated parking space, visitor parking shared amongst all properties in development and communal gardens. Material Information Leasehold. Council tax band C.
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 9, 103, Gate House, York
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