2-bedroom flat · YO23 1JF
For saleReduced £15k (−5.6%) on 29 SepListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a highly sought after residential development close to the River Ouse, this well presented two bedroom top floor apartment offers spacious accommodation, allocated parking and an enviable location within walking distance of York city centre and the popular amenities of Bishopthorpe Road.
The apartment is accessed via a secure communal entrance and opens into a welcoming entrance hallway.
The accommodation includes a generous double bedroom and a second single bedroom, ideal as a guest room, home office or nursery.
A modern bathroom fitted with a contemporary suite and shower over the bath serves both bedrooms.
The heart of the home is the spacious open plan lounge diner, providing an excellent space for both relaxing and entertaining.
Double doors lead through to the separate kitchen, which is fitted with a range of units and includes integrated appliances comprising a fridge freezer, electric oven, hob and washer dryer.
Externally, the property benefits from an allocated parking space together with additional visitor parking, a valuable feature so close to the city centre.
Postern Close is ideally positioned for easy access to York's historic city centre, the railway station and the vibrant range of independent cafés, restaurants and shops found along Bishopthorpe Road.
Riverside walks and green spaces are also nearby, making this an excellent location for professionals, first time buyers, investors or those seeking a convenient city base.
Combining well proportioned accommodation with a superb location, this attractive apartment offers an excellent opportunity to enjoy city living in one of York's most desirable areas.
Leasehold Length of lease- 961 years remaining Ground rent - £0 Ground rent review period- Fixed Service Charge- £1,360 per annm Council Tax Band- D Anti-Money Laundering Compliance We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors.
These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed.
If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks.
We use a partner supplier MoveButler, to carry out these checks on our behalf.
They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely.
There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks..
This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances.
Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 5, Postern Close, York
Explore nearby