1-bedroom flat · YO23 1PZ
Listing removedListed 104 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This hugely impressive furnished first floor apartment features a fabulous open plan living space which opens onto a south facing balcony, with views across the popular Chocolate Works development.
Located just off Bishopthorpe Road on the site of the former Terrys chocolate factory, the property has easy access towards both the city centre and the railway station.
The Knavesmire is just a short stroll away and there is a local shop and restaurant on the development.
The property is accessed via a secure communal hallway shared with only one other property and has a staircase leading to the first floor.
As you enter the apartment there is an entrance area with access to a useful utility cupboard housing a washing machine. The main living area is a spacious open plan lounge/diner and fitted kitchen.
A sliding door leads onto the well-proportioned balcony.
The fitted kitchen is bathed in light from a skylight window and offers a range of tasteful wall and base units and built-in appliances including an oven, hob, fridge, freezer, dishwasher and a wine cooler.
Located off the living space is a double bedroom with a built-in wardrobe and finally there is a three piece modern shower room.
There are also the benefits of underfloor gas central heating and double glazing throughout. To the outside of the property is access to a shared secure bike store and communal areas are 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. Deposit £1384 Council tax band B Available end of July
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
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FAQ
About 5, Bayldon House, York
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