2-bedroom flat · YO30 6BR
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This substantial two bedroom ground floor apartment features a large open plan living area that has two sets of French doors opening onto a private terrace.
Placed in an impressive modern development tucked away just off The Avenue in the sought after Bootham area of the city, the property has excellent access both into the city centre and towards the railway station.
There are also many additional amenities close by and a simple route heading out towards the ring road.
The apartment is approached via a communal area to the front and has its very own private entrance.
Once inside a well-proportioned hallway offers a generous amount of built-in storage and leads down to the centrepiece of the home, the open plan lounge/diner and fitted kitchen.
Bathed in light from the two sets of French doors and additional windows, the room has ample space for both living and dining and could accommodate a home working area if needed.
The French doors open onto the private terrace area which in turn leads to a large communal lawned space.
The fitted kitchen has a range of wall and base units and built-in appliances including an oven, hob, extractor, fridge, freezer, microwave and a dishwasher.
The accommodation continues with a primary bedroom with a range of built-in wardrobes and the huge benefit of a three piece en-suite shower room.
There is then a second generous double bedroom and the property is completed with a three piece bathroom with a shower over the bath.
There are also the benefits of electric heating and double glazing throughout and a viewing is highly recommended to appreciate the space of the property on offer.
Outside the development in addition to the delightful communal gardens there is an allocated parking space.
The property is connected to a main electricity supply and mains water is supplied by Yorkshire Water. The broadband types available in the area are standard and superfast.
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.
For details on any potential flooding risk, please check the government long term flood risk website. This is a leasehold property with a share of the freehold.
The lease runs from 1/6/2005 until 1/6/2160. There is no ground rent to be paid. The latest service charge is £1788 per annum.
Entrance Hall Entrance door, electric panel heater and built-in storage cupboards with consumer unit.
Lounge/Diner and Fitted Kitchen 15'7" x 36'6" (4.75m x 11.13m) Two set of French doors leading to private terrace, windows to rear elevation and two electric panels heaters.
Kitchen offers wall and base units, work surfaces, sink, built-in electric oven, hob, extractor, fridge, freezer, microwave and dishwasher.
Bedroom 1 12' x 11'2" (3.66m x 3.4m) Window to front elevation, electric panel heater and built-in wardrobe. En-Suite Shower Room Three piece suite with shower cubicle, sink, W.C.
And heated towel rail. Bedroom 2 12' x 12'5" (3.66m x 3.78m) Window to front elevation and electric panel heater.
Bathroom Three piece suite with bath with shower over, sink, W.C., heated towel rail and cupboard housing hot water tank.
Exterior Private terrace area, larger communal gardens and allocated parking space. Material Information Leasehold with a share of the freehold. Council tax band E.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 1, Masters House, Bootham
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