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See how verdicts work2-bedroom flat · DL7 8TZ
For saleReduced £3k (−2.1%) on 26 OctListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain-free, this spacious ground-floor apartment is ideally located within easy walking distance of Northallerton High Street, making it a fantastic choice for first-time buyers, investors or anyone looking for a low-maintenance home close to everyday amenities.
Northallerton is a thriving market town with an excellent selection of independent shops, supermarkets, cafés, restaurants and leisure facilities.
The train station provides mainline services including York, Newcastle and London, while the nearby A19 and A1(M) make commuting straightforward.
Inside, the apartment offers well-proportioned accommodation throughout.
The bright living room benefits from a large bay window, creating a welcoming space to relax, while the separate kitchen provides plenty of storage and offers scope for a buyer to modernise and add value over time.
There are two double bedrooms, both offering comfortable accommodation, along with a family bathroom fitted with a bath and overhead shower.
Outside, the property benefits from an allocated parking space together with access to well-maintained communal areas.
With its sought-after location, generous proportions and excellent potential, this apartment represents a fantastic opportunity in the heart of Northallerton.
Finer Details: Postcode: DL7 8TZ Tenure: Leasehold with a share of the Freehold (961 yrs left) Ground rent/Maintenance: £175 per month, which includes extra for the emergency fund Council Tax Band: B EPC Rating: D Heating: Electric heating Parking: Allocated parking space Rewired: 2 Years ago
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 South Parade, Northallerton
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