1-bedroom flat · YO26 4WY
Listing removedListed 228 days
Opportunity summary
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About
This wonderful one bedroom second floor apartment features a generous lounge/diner, a fitted kitchen, a three piece bathroom, additional storage and the huge advantage of an allocated parking space.
Placed in a popular development close to the city centre, the property has excellent access to the railway station and an easy route out of the city towards the ring road.
The apartment has been re-decorated throughout including new carpets and additional works to the electrics. A viewing is essential to appreciate a property that is ready to move straight into.
Ideal as a home close to the city centre the property would also make an excellent investment opportunity. For details on the long term rental income, please contact the office.
The apartment is accessed via a secure communal hallway with a staircase leading to the second floor.
Once inside there is a well-proportioned hallway with double doors opening into the impressive lounge/diner.
A set of French doors has access to a Juliet style balcony and there is also access to the fitted kitchen.
The kitchen features a range of wall and base units there are built-in appliances including an oven, a gas hob, a fridge, a freezer and also a washer/dryer.
The accommodation continues with the double bedroom with a built-in wardrobe and a useful cupboard housing the central heating boiler.
Finally there is a three piece bathroom with a shower over the bath.
There are the additional advantages of a storage cupboard accessed on the landing space, gas central heating and double glazing throughout.
Outside the development is one allocated parking space and some delightful communal gardens including a central fountain area.
The property is connected to a mains electricity supply, with mains water supplied by Yorkshire Water. The broadband types available in the area are standard and superfast.
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. This is a leasehold property. The lease runs until 31/12/2150.
The ground rent is £124 per annum and the latest service charge is £144 per calendar month for ten months of the year. Communal Hall Secure entrance door and stairs leading to second floor.
Entrance Hall Entrance door and consumer unit. Lounge/Diner 13'8" x 19'3" (4.17m x 5.87m) Window to front elevation, French doors with Juliet style balcony and two radiators.
Kitchen 6'3" x 8'5" (1.9m x 2.57m) Wall and base units, work surfaces, sink, built-in electric oven, gas hob, extractor, fridge, freezer and washer/dryer.
Bedroom 9'11" x 12'8" (3.02m x 3.86m) Window to rear elevation, radiator, built-in wardrobe and cupboard housing central heating boiler.
Bathroom Three piece suite with bath with shower over, sink, W.C. and heated towel rail. Material Information Leasehold. Council tax band B.
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.
Area
Agent & docs
FAQ
About Bishopfields Drive, Leeman Road, York, YO26
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