1-bedroom flat · YO21 3JY
For saleReduced £35k (−25.9%) on 12 JunListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a modern, self-contained, 1 bedroom, first floor flat, positioned on the east elevation of the building with windows facing over the adjacent cricket ground.
These flats are specifically designed for older residents and a covenant restricts occupation of the properties to mature residents.
There is a house manager and care-line facility available 24 hours a day, 7 days a week, for peace of mind. Lifts give level access throughout the building.
Although only a one bedroom apartment, there are guest suite facilities available on the site. Other facilities include communal gardens, lounge and laundry.
There is also private parking available on a first come, first served basis. Approached from the car park, the main front doors open into an entrance vestibule, with further doors leading into...
Communal Entrance Hall: The communal entrance hall has access to the communal lounge area, the lifts and other amenities.
Apartment 42 lies on the first floor off the corridor to your left as you exit the lift. Apartment 42 From the hallway, the entrance door into the flat opens into...
Hallway: The hallway has a recessed cupboard housing the electric hot water cylinder and offers storage space. Doors open to ...
Living Room: The living room has a uPVC double glazed windows facing east over the cricket ground. The focal point of the room is a moulded fireplace feature with an electric fire unit.
Fitted carpet, electric night storage heater. Glazed double doors open through to ...
Kitchen: The kitchen has a uPVC double glazed window, part tiled walls and is fitted with a range of laminated cabinets with laminate worktops.
Fittings include an electric hob, fan oven, cooker hood, integral fridge and freezer, stainless steel sink unit. Vinyl flooring.
Bedroom: The bedroom has a uPVC double glazed window also to the east aspect. Fitted carpet, ceiling cornice, electric night storage heater. Built-in wardrobe with bi-folding mirror fronted doors.
Bathroom: The bathroom has a modern suite of fittings including a panel bath, basin with vanity cupboard and low flush WC.
Vinyl flooring, tiled walls, shaver light and socket, extractor fan, electric heated towel rail and electric fan heater.
Communal Facilities Communal Lounge: Comfortably furnished and having a kitchen with a range of units and tea & coffee making facilities.
Laundry: Having a range of washing machines and separate dryers, which are raised for easy loading and unloading.
Guest Suite: Having an en-suite shower room, television, tea & coffee making facilities and double glazing Outside: There are communal gardens with seating areas. Parking is available on site.
Emergency Call: There are emergency pull cords throughout the apartment which connect to 'Care Line' who can contact paramedics, fire brigade etc.
House Manager: The House Manager can confirm the services and facilities available on site. Tel: . Viewing: Viewings by appointment.
All interested parties should discuss any specific issues that might affect their interest, with the agent's office prior to travelling or making an appointment to view this property.
Directions: From our offices, head back out of town towards Sandsend along Upgang Lane and Fairways Court lies on your right hand side, adjacent to the cricket ground. See location plan.
Services: The apartment is connected to mains water, drainage and electricity. Heating is provided by electric night storage heaters. Tenure: We are advised that the property is held leasehold.
There is an age restriction of 60 years for a single person or an average of 55 years for a couple.
We are informed that the property is subject to a 125 year lease and that the yearly service charge is £4,012.70 and the ground rent is £395.00 per annum. NB.
Occupants at these properties should be capable of living an independent lifestyle.
IMPORTANT NOTICE Richardson and Smith have prepared these particulars in good faith to give a fair overall view of the property based on their inspection and information provided by the vendors.
Nothing in these particulars should be deemed to be a statement that the property is in good structural condition or that any services or equipment are in good working order as these have not been tested.
Purchasers are advised to seek their own survey and legal advice.
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
Agent & docs
FAQ
About 42 Fairways Court, Upgang Lane, Whitby, North Yorkshire, YO21 3JY
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