We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DL7 8TG
Listing removedReduced £10k (−6.7%) on 21 JunListed 351 days
Opportunity summary
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About
A larger-than-average two-bedroom retirement apartment for the over 70s, set on the ground floor with a private patio.
Enjoy superb communal amenities including a restaurant, social lounge, and professional care services provided by McCarthy Stone’s cqc-registered Estates Team.
Moving Made Easy Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today.
About Malpas Court Malpas Court was purpose-built by McCarthy Stone to offer assisted living for the over 70s, combining independence with comfort and peace of mind.
The development comprises 50 one and two-bedroom retirement apartments, thoughtfully designed to make everyday living easier.
Each home features a beautifully equipped kitchen with waist-height oven, walk-in shower, lever taps, and slip-resistant flooring for safety and convenience.
Beyond the privacy of your own apartment, Malpas Court offers a warm and welcoming community.
Homeowners can enjoy the communal lounge, a perfect place to socialise, relax, or take part in the regular activities organised by fellow residents and the on-site Estate Management Team.
The lounge also provides a lovely setting to host friends and family for special occasions.
The on-site restaurant, open daily, serves freshly prepared, nutritious lunches at a reasonable price, with options to cater for special dietary requirements.
There’s also a function room available for private events, and a computer station for homeowners’ use.
Residents and visitors alike can enjoy the landscaped gardens, and guests are welcome to stay overnight in the well-appointed guest suite (additional charges apply).
For complete peace of mind, Malpas Court benefits from an on-site Estate Manager and a 24-hour emergency call system, with personal pendants and call points in every room.
Local Area Malpas Court is an Assisted Living development ideally situated in the affluent market town of Northallerton, approximately 30 miles north of York.
The town centre offers an excellent mix of amenities, featuring popular high street brands, a range of independent retailers, and a long-established family-run department store.
Northallerton also benefits from three major supermarkets, providing residents with plenty of shopping choice close to home.
The town enjoys strong transport connections, with regular local bus services operating throughout Northallerton and beyond, while Northallerton Train Station, located on Boroughbridge Road, offers direct links to York, Newcastle, and London, making travel across the region convenient and accessible.
Entrance Hall Front door with spy hole leads to the large entrance hall - the 24-hour Tunstall emergency response pull cord system is situated in the hall.
From the hallway there is a door to a walk-in storage cupboard/airing cupboard. Illuminated light switches, smoke detector, apartment security door entry system with intercom.
Doors lead to the lounge, bedrooms and bathroom. Lounge A bright and airy lounge featuring patio doors that open onto a private patio area, offering the perfect space to relax or entertain.
There is ample room for a dining table, and the room includes raised electric sockets, TV and telephone points for added convenience. A partially glazed door leads through to the separate kitchen.
Kitchen Well equipped modern kitchen with tiled floor and a range of low and eye level units and drawers with a roll top work surface. Stainless steel sink with mono lever tap and drainer.
Eye level oven, ceramic hob, cooker hood and integral fridge / freezer. Electrically operated kitchen window to front aspect.
Bedroom One Double bedroom benefiting from a mirror fronted built in wardrobes. Ceiling lights, TV and phone point.
Bedroom Two A spacious second bedroom that could also be used as a dining room or versatile guest space. Features include ceiling lights, along with TV and telephone points.
Bathroom Fully tiled and fitted with suite comprising of level access shower and bath. Low level WC, vanity unit with wash basin and mirror above.
Electric shaving point, heated chrome towel rail and extractor fan. Slip resistant flooring.
Service Charge What your service charge pays for: • Estate Manager who ensures the development runs smoothly • cqc Registered care staff on-site 24/7 for your peace of mind • 1 hour cleaning / domestic assistance per week, per apartment • 24hr emergency call system • Monitored fire alarms and door camera entry security systems • Maintaining lifts • Heating and lighting in communal areas • The running costs of the onsite restaurant • Cleaning of communal areas daily • Cleaning of windows • Maintenance of the landscaped gardens and grounds • Repairs & maintenance to the interior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance, water and sewerage rates The service charge does not cover external costs such as your Council Tax, electricity or TV.
Find out more about service charges please contact your Property Consultant or Estate Manager.
Annual Service Charge £13,828.14 for financial year ending 31/03/2026 Ask about our free entitlements service to find out what benefits you may be entitled to.
Allocated Parking Space This apartment benefits from having its own allocated parking space. (By allocation).
Leasehold Lease: 125 years from 1st Jan 2011 Ground rent: £510 per annum Ground rent review: 1st Jan 2026 Additional Information & Services • Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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.
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About 17 Malpas Court, Malpas Road, Northallerton
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