2-bedroom flat · YO8 9TB
Listing removedReduced £15k (−15%) on 14 AugListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** auction property ** offers over £100,000. Ground floor apartment located on Moat Way in the highly sought-after village of Brayton, Selby.
This property features two well-proportioned bedrooms, making it an ideal choice for couples, small families, or those seeking a comfortable living space.
As you enter the apartment, you will find a welcoming reception room that offers a perfect setting for relaxation or entertaining guests.
The layout is both practical and inviting, ensuring that you feel right at home from the moment you step inside. The property also boasts a well-appointed bathroom, catering to all your daily needs.
All of which require updating at the very least.
One of the standout features of this apartment is the convenience of having a designated parking space for one vehicle, a valuable asset in today's busy world.
The location itself is a significant draw, as Brayton is known for its community spirit and accessibility to local amenities, making it a desirable place to live.
This property is being offered at auction, which has generated considerable interest, highlighting its appeal in the current market.
Whether you are looking to invest or find your next home, this apartment presents a fantastic opportunity not to be missed.
In summary, this ground floor flat on Moat Way is a perfect blend of comfort, convenience, and location. We invite you to explore this property further and discover the potential it holds for you..
Agents note ~ ** There has been a heavy smoker living in this apartment and as such the apartment will need deep cleaning, decorating and updating throughout - priced to sell ** Property Info: St Wilfrid House: A Taylor Wimpey-constructed quality development of apartments sitting in the heart of the village of Brayton, close to some lovely walks on Cross Hills Lane towards the Rugby Ground and further to the Selby Horseshoe Walk and the woodland of Brayton Barff.
The property briefly comprises : Secure entrance via Intercom system, entrance hall with storage cupboard; bathroom with shower over bath, hand basin vanity unit and a low level WC, tiled walls to the wet areas and extractor fan.
The Kitchen requires updating. The lounge diner has a good sized window to the front, modern electric radiator and TV point. Requires updating, new flooring (carpet etc) and decorating.
The bedrooms are both doubles. Heating - electric (modern full control radiators) Fully double glazed Council Tax - Band B.
North Yorkshire County Council Tenure: Leasehold Service Charge: £80 pcm- this includes your proportion of the buildings insurance, the grounds maintenance, the external windows cleaning and the communal areas cleaning.
Ground Rent £70 every 6 months Lease Start Date: 2007 on 150 years - Remaining 133 Years Management Company - ppm Management ** Auction Notes ** Closing date will be the 26th February at 12pm.
Pattinson Auction are working in Partnership with Keith Taylors on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneer's website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.
Ultimately a transparent process which provides speed, security and certainty for all parties. The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneer's Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both Keith Taylors and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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FAQ
About 155, Moat Way, Brayton
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