2-bedroom flat · YO17 7HL
Listing removedListed 386 days
Opportunity summary
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About
A nicely positioned two-bedroom apartment for the over 60s, overlooking attractive communal gardens, within a short stroll of the town centre.
Built in the mid-1980s, Princess Court is a popular development of one and two-bedroom retirement apartments for those aged 60 or above.
Whilst Number 15 lies on the first floor, due to the slope of the site, it sits level with the gardens in a peaceful position at the rear of the building, overlooking neatly maintained communal gardens.
Princess Court offers a secure environment, with block manager, alarm system and intercom entry; a monthly service charge covers buildings insurance, window cleaning, cleaning of common areas, and gardening.
At ground floor level, a communal entrance hall has a lift and staircase leading to all floors.
The overall accommodation amounts to approximately 590sq.ft and comprises private entrance hall, sitting room with bay window, kitchen diner, two bedrooms and a shower room.
The property might benefit from some cosmetic updating, but benefits from uPvc double-glazing and electric heating throughout.
Externally there is parking for residents and guests, attractive communal gardens and a communal roof top garden.
Malton is a popular and well-served market town located approximately 18 miles north of York and has in recent years gained a reputation as Yorkshire’s food capital.
Named by The Sunday Times as one of the best places to live, the town enjoys excellent transport links; the railway station is a short walk away and has regular services to York from where London can be reached in less than 2 hours.
A full range of amenities can be found within Malton, including a variety of eateries, independent and high street retailers, good schools and leisure facilities.
Princess Court is conveniently situated just off Princess Road, within a short stroll of the town centre. Ground Floor Communal Entrance Hall With stairs and lift to the upper floors.
First Floor Private Entrance Hall Intercom entry phone. Storage cupboard housing the hot water cylinder with electric immersion heater. Electric night storage heater.
Sitting Room (14' 9'' x 13' 1'' (4.5m x 4.0m) (into bay)) Bay window overlooking the gardens. Coving. Two wall lights. Television point. Telephone point. Electric night storage heater.
Kitchen Diner (14' 5'' x 7' 3'' (4.4m x 2.2m)) Range of kitchen units incorporating a stainless steel, single drainer sink unit. Four ring ceramic hob. Electric oven and grill.
Automatic washing machine point. Electric panel heater. Bedroom One (11' 2'' x 9' 6'' (3.4m x 2.9m)) Fitted wardrobe and range of fitted drawers. Casement window. Electric night storage heater.
Bedroom Two (9' 10'' x 6' 11'' (3.0m x 2.1m)) Range of free-standing wardrobes (can be removed if preferred). Casement window. Electric panel heater.
Shower Room (6' 11'' x 6' 3'' (2.1m x 1.9m)) Coloured suite comprising corner shower cubicle, wash basin and low flush WC. Extractor fan. Heated towel rail. Wall-mounted electric heater.
Outside Princess Court benefits from well-established communal gardens, which are nicely maintained, providing a pleasant environment within which to relax.
Additionally, there is a communal rooftop garden. There is a car park on one side of the building.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 15 Princess Court, Princess Road, Malton
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