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See how verdicts work1-bedroom flat · YO26 4WX
For saleListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A hugely impressive one bedroom first floor apartment placed in a popular development close to the city centre and offering generous living accommodation including a large lounge/diner, a separate fitted kitchen and a three piece bathroom.
Placed just off Leeman Road the property has easy access to the railway station and is ideal for accessing all the attractions and amenities the city has to offer.
There is also a simple route heading out of the city towards the outer ring road. The apartment is currently let out with tenants in place and is offered as an investment opportunity.
For details on both the current and long term rental income, please contact the office. The internal accommodation is reached via a secure communal hallway with a staircase leading to the first floor.
Once inside there is a well-proportioned private hallway which has a set of double doors leading into the spacious lounge/diner.
Bathed in light from two sets of French doors with Juliet style balconies on two different elevations, there is ample space for both living and dining.
The balconies also overlook a central communal area with fountain. The separate fitted kitchen has a range of wall and base units and built-in appliances.
The accommodation then continues with a double bedroom featuring a built-in wardrobe and access to a useful storage cupboard. Finally there is a three piece bathroom with a shower over the bath.
There are also the advantages of gas central heating, double glazing throughout and a storage cupboard on the communal landing area.
Outside the property are some delightful lawned communal areas including the central fountain and there is one allocated parking space close by.
The property is connected to a mains gas supply, a main electricity supply and mains water is supplied by Yorkshire Water.
The broadband types available in the area are standard, superfast and ultrafast. 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. This is a leasehold property.
The current lease lasts until 31/12/2150. The latest service charge was £1563.50 per annum. The ground rent is £125 per annum.
Please be aware the photos shown were taken before the current tenants moved in. Communal Hallway Secure entrance door, staircase leading to the first floor and storage cupboard on landing space.
Entrance Hall Entrance door and double doors leading to main living space.
Lounge/Diner 11'8" x 18'9" (3.56m x 5.72m) Window to front elevation and two sets of French doors with Juliet style balconies.
Kitchen 6'7" x 7'9" (2m x 2.36m) Wall and base units, work surfaces, sink, built-in appliances and window to side elevation.
Bedroom 9'5" x 15'1" (2.87m x 4.6m) Window to side elevation, built-in wardrobe and storage cupboard. Bathroom Three piece suite with bath with shower over, sink and W.C.
Exterior Lawned communal areas with central fountain and allocated parking space. Material Information Leasehold. Council tax band B.
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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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 61, Phoenix Boulevard, York
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