2-bedroom house · YO10 3WF
Sold STCListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this spacious and characterful duplex apartment forms part of an attractive tannery conversion, ideally positioned within walking distance of York city centre and just moments from Walmgate Bar.
Set behind secure electric gates, the development enjoys a highly convenient location close to a range of amenities, eateries and all that our historic city has to offer, whilst also benefiting from allocated parking and impressive views across the rooftops of York towards York Minster.
The property has also been enhanced in recent years with the replacement of the original storage heaters with modern, energy-efficient radiators, complete with WiFi-enabled remote heating control, while a brand new hot water cylinder was installed within the past year.
Accessed via a secure entry system, the apartment is arranged over the second and third floors and offers well proportioned accommodation throughout.
The entrance hallway leads into a generous open plan living and dining space, filled with natural light from two windows and providing ample room for both seating and dining areas.
Open to the reception space is the fitted kitchen, featuring a range of wall and base units complemented by granite effect work surfaces and integrated cooking appliances.
The house bathroom completes this floor. To the upper floor are two well proportioned double bedrooms, both enjoying character features including exposed structural beams and Velux windows.
The principal bedroom further benefits from an en suite shower room. Duplex apartments are a rare opportunity given the wider selection of apartments on offer within the scheme.
The combination of character features, allocated parking and exceptional city centre convenience is sure to appeal to a wide range of purchasers including first time buyers, professionals and investors alike.
Leasehold Length of lease- 976 years remaining Ground rent - £150 per annum (Fixed) Service Charge- £2,147.30 per annum Anti-Money Laundering Compliance - We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors.
These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed.
If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks.
We use a partner supplier MoveButler, to carry out these checks on our behalf.
They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely.
There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks..
This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances.
Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Tannery, Lawrence Street, York
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