1-bedroom flat · YO24 4BU
Listing removedReduced £8k (−10%) on 20 AugListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
for sale via the modern method of auction !
This well-presented studio apartment offers practical and comfortable living space, Ideal for a single person seeking a low-maintenance home in a convenient location, and would equally suit an investor.
This property was previously receiving £750pcm rental income. The property features a modern fitted kitchen, complete with an electric cooker, fridge freezer, and washer/dryer.
The living area benefits from attractive Velux windows and high ceilings, creating a bright and airy feel throughout.
There is also useful storage space within the eaves, helping to maximise the available living area.
The studio comes furnished with a sofa bed, wardrobe, chest of drawers, and a small desk, offering a functional and flexible layout suited to modern living.
The bathroom is fitted with a clean, neutral white suite, comprising a WC, wash hand basin, and bath.
The property is heated via electric heating and is decorated throughout in neutral tones, providing a blank canvas for personal touches.
Situated in a convenient location, the property is well suited to professionals and offers easy access to local amenities and transport links.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
Value & comps
No previous sales on record.
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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 starting price
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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 7, Cambridge Mews, York
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