1-bedroom property · YO18 7ND
For saleListed 475 days
Opportunity summary
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About
**Entrance** **Living Kitchen** **Double Bedroom** **Shower Room** **uPVC Double Glazing** **Gas Central Heating** **Private Outside Space** **24hr Emergency Alarm** **Communal Grounds** **Residents Parking** **On Site Facilities** **EPC Rating B** DESCRIPTION Pickering is a thriving market town found at the foot of the North York Moors National Park, along the A170 Thirsk to Scarborough Road.
As a result there are excellent road links to the East Coast, City of York and neighbouring market towns of Helmsley and Kirkbymoorside.
The Coastliner bus service runs frequent buses through Pickering linking with Malton and its train station that provides a direct line to York and its Intercity London to Edinburgh service.
Pickering has a good range of shops, 2 supermarkerts, a Monday street market, doctors surgery, dentists and library. Mickle Hill was designed specifically to cater for the needs of retirement living.
The development consists of one and two bedroom apartments and two bedroom ground floor accommodation for the over 60s.
There is a House Manager on site and a 24-hour emergency call system provided via call points within your home.
The development, unlike other retirement options offers a community living experience that includes a cafe bistro, hair & beauty salon, library and IT suite, a gym, residents lounge, cinema, convenience shop and activity/craft room within the central pavilion all set within well kept landscaped gardens.
There is a guest suite for visitors who wish to stay (additional charges apply) and a laundry service if required.
Apartment 18 is a one bedroom, ground floor apartment located on the Eastern side of the Pavilion building and benefits from having a seating area outside of the living room patio doors.
It has a large double bedroom with fitted wardrobes and a tiled shower room adjoining it.
The sizeable, living kitchen has space enough for sitting and dining areas as well as a fitted kitchen with integrated white goods.
GENERAL INFORMATION Services: Gas, Water and electricity are connected. Connection to mains drains. Telephone connection subject to the usual British Telecom regulations. Gas central Heating.
uPVC Double Glazing. Council Tax: We are informed by Ryedale District Council that the property falls in band B.
Service Charge: A monthly management charge of £419.46 is currently payable and covers the following:- * Communal cleaning and maintenance * Cleaning of external windows * Buildings Insurance * Electricity, heating, lighting, power and water to communal areas * Heating, Water and Hot water to the apartment * Upkeep of gardens and grounds * Repairs and maintenance to the interior and exterior communal areas Note: Ground rent - £340.08 per annum.
Wellbeing Charge - £278.66 per month, which includes 24 hr staffing on site, help in emergency and the co-ordination of activities and event.
The Service and Wellbeing charges will be reviewed annually, the next review taking place on 1st July 2026.
A contingency fund contribution is payable upon resale, details available from Sales Office at Mickle Hill. It is a condition of purchase that all residents must meet the age requirements of 60 years.
Tenure: We are advised by the Vendors that the property is Leasehold held on 125 year Lease which commenced in 2015. Vacant possession will be given upon completion.
Viewing Arrangements: Strictly by prior appointment through the Agents. Messrs Rounthwaite & Woodhead, Market Place, Pickering. Telephone:
Value & comps
No previous sales on record.
Returns
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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.
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About Mickle Hill, Pickering, North Yorkshire, YO18
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