2-bedroom flat · YO1 9QE
Listing removedReduced £6k (−3.8%) on 1 OctListed 190 days
Opportunity summary
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About
Placed within the historic city walls and close to the heart of the city centre, this fantastic two bedroom top floor apartment features generous living accommodation and is available with 80% shared ownership.
Ideal for accessing all the attractions and amenities the city has to offer, the property is well-placed for the railway station and has many additional amenities close by on both Walmgate and Fishergate.
There is also a simple route heading out of the city towards the A19 and the A64.
The well-presented home must be viewed to appreciate both the location and the accommodation on offer and is very much ready to move straight into.
Accessed via a secure communal hallway with a staircase leading to the second floor, the apartment begins with a private hallway with access to two useful storage cupboards.
The main living space is placed to the front of the apartment and features a bright and spacious lounge with a separate fitted kitchen.
The kitchen features a range of wall and base units, a built-in oven, a hob and space for a washing machine.
The accommodation continues with a good size double bedroom and a smaller second bedroom, which would make an excellent space to work from home.
Finally, the apartment is completed with a three piece bathroom with a shower over the bath and also a heated towel rail.
There are the additional advantages of double glazing throughout and electric heating. The apartment is offered as an 80% shared ownership through Yorkshire Housing.
There are various criteria to make sure eligibility is met and an application form will have to be completed. Please contact the office for further information.
The property is for owner occupiers only and cannot be rented out. There is no parking with the apartment. This is a leasehold property. The lease is 125 years from 19/3/1999.
There is no ground rent to be paid. The latest service charge was £98.61 per calendar month. There is also no rent to be paid to Yorkshire Housing on the additional 20%.
Communal Hallway Secure entrance door and stairs leading to second floor.
Entrance Hall Entrance door, electric storage heater, telephone entry system, loft access, storage cupboard and additional cupboard housing hot water tank.
Lounge 10'7" x 13' (3.23m x 3.96m) Window to front elevation.
Kitchen 5'6" x 8'10" (1.68m x 2.7m) Wall and base unit, work surfaces, sink, built-in electric oven, hob, space for washing machine and space heater.
Bedroom 1 11'10" x 8'11" (3.6m x 2.72m) Window to rear elevation and electric storage heater. Bedroom 2 10'1" x 7'6" (3.07m x 2.29m) Window to rear elevation and electric panel heater.
Bathroom Three piece suite with bath with shower over, sink, W.C. And heated towel rail. Material Information Leasehold. Council tax band C. 80% shared ownership.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About 11,, Covent House, York
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