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See how verdicts work1-bedroom flat · YO42 2XL
Listing removedListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose-built ground floor studio apartment conveniently situated within easy reach of the town centre and its excellent range of amenities.
The accommodation comprises an entrance lobby, modern shower room, and an open-plan living, kitchen and bedroom area, providing a practical and low-maintenance living space.
The property benefits from electric heating and shared parking to the rear. An ideal purchase for first-time buyers, investors, or those seeking a convenient town centre base.
This property is Leasehold. East Riding of Yorkshire Council – Council Tax Band A. Entrance Hall Front entrance door, laminate flooring.
Open Plan Kicthen/Living/Bedroom (5.78m x 3.32m narrowing to 1.63m (18'11" x 10'10") Fitted with wall and floor units to kitchen area with built in electric oven with extractor fan over, sink unit, work surfaces and plumbing for washing machine.
Double glazed window to rear. Night storage heater. Laminate flooring. Shower Room Comprising shower cubicle, low flush WC and hand basin.
Additional Information The management company is Union Street Management Ltd, the term of the lease started on the 24th June 1988 with 189 years, there are 151 years remaining, the service charge is £45.00 per month, this covers maintenance of the communal areas and the outside, also the buildings insurance and quarterly fire checks.
there is no ground rent to pay on this property. Electricity is on a pre payment meter. Appliances None of the above appliances have been tested by the Agent. Services Electricity and drainage.
Telephone connection subject to renewal by British Telecom. Council Tax East Riding of Yorkshire Council - Council Tax Band A.
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
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FAQ
About 2 Maxon Lodge, Union Street, Pocklington
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