Modern Method of Auction
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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 work1-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Modern Method Of Auction ** Starting Bid £45,000 ** Vacant & No Onward Chain ** One Bedroom Second Floor Apartment ** In Need Of Modernisation ** Close To Frizinghall Train Station ** Off-Road Parking ** Spacious Lounge ** Useful Storage ** Ideal First-Time Buy Or Investment ** Offered for sale via Modern Method of Auction with a starting bid of £45,000 this vacant one bedroom second floor apartment is offered with no onward chain & presents an excellent opportunity for investors or first-time buyers looking to add value.
Located at the end of a cul-de-sac, the property benefits from off-road parking & is particularly convenient for Frizinghall Train Station commuter routes, local shops, schools & everyday amenities.
The accommodation opens into an entrance hall with two useful storage cupboards.
To the left is the house bathroom, fitted with a white bath with shower over, WC & wash basin, travertine-style splashback tiling & dark grey vinyl flooring.
A further useful storage room is positioned off the hallway.
At the end of the hall is a good-sized double bedroom featuring traditional navy-blue panelling detail & a pleasant outlook over surrounding greenery & mature trees.
To the right is the spacious lounge with feature fireplace & a further leafy outlook.
Set off the lounge is the kitchen, fitted with white wall & base units, black worktops, travertine-style splashbacks, wood-effect laminate flooring & an additional storage cupboard.
The property is all-electric, with electric heaters throughout, & would benefit from some cosmetic modernisation, but is brought to market at an attractive starting price with excellent potential.
**bid to purchase – starting bid £45,000.
Subject to modern method of auction terms & fees.** Property Misdescription Act These particulars, including any floorplans, measurements, photographs and descriptions, have been prepared in good faith and are believed to be accurate to the best of our knowledge.
They are intended as a general guide only and should not be relied upon as statements of fact or as forming part of any contract.
All measurements, dimensions and floorplans are approximate and are provided for identification and illustrative purposes only.
Prospective purchasers should satisfy themselves as to the accuracy of the information provided.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
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