2-bedroom flat · DL8 1FB
To rentListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Storey Apartment situated to the rear of Bedale Market Place handy for local shops and services.
The well appointed accommodation comprises, Ground Floor - Hall, 2 Bedrooms, Bathroom with separate shower cubicle. First Floor - Living Room/Kitchen.
Gas Central Heating, Double Glazing, Parking Space allocated to the property. Term - Assured Periodic Tenancy Rent - £670 per calendar month in advance, exclusive of rates and all other outgoings.
Holding Deposit - £154 (equivalent to 1 weeks rent) to be transferred to Tenancy Deposit if tenancy Proceeds Bond - £770 Contents Insurance - The tenant is responsible for arranging their own contents insurance.
Application Process & Fees - All applicants shall be requested to complete detailed application forms.
We shall undertake comprehensive reference checks which will include right to rent ID checks in accordance with the Immigration Act 2014.
In accordance with the Tenant Fees Act 2019 we request that the prospective tenant(s), to reserve the property and to demonstrate commitment to rent the property whilst reference checks take place, pays a holding deposit to ourselves which is equivalent to not more than one week’s rent, which shall be put towards the deposit payable at the start of the tenancy (and shall be held subject to conditions, further details upon request).
We are a member of the, The Property Ombudsman, Milford House, 43-55 Milford Street, Salisbury, SP1 2BP, telephone number , fax number , email , website Our clients account details are as follows: NFB & DB & JF Brown Clients Account At Barclays Bank, Market Place, Richmond.
This account is not interest bearing.
As members of the Royal Institution of Chartered Surveyors (RICS) we carry out a monthly reconciliation of our clients account and are activities are subject to monitoring under the institutions conduct and disciplinary regulations.
The RICS operates a client’s money protection scheme of which we are a member (further details available upon request).
Restrictions - No Smokers Please note you must have earnings/income of £20,100 pa or more to qualify to apply for this property. You must also be able to move within 6 weeks of applying.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1 The Old Rope House, Bedale
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