Land · YO43 4EX
For saleListed 799 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location The site is located on the western edge of the rural village of Holme on Spalding Moor to the west of Sands Lane.
The site has a large frontage to Sands Lane and benefits from an open rural aspect to the East. Holme on Spalding Moor is situated on the junction of the A163 Selby Road and the A614 Howden Road.
There are a number of services and facilities in Holme on Spalding Moor including a village hall, playing fields, primary school and various shops and public houses.
Description The site extends to approximately 4.37 Acres and is for 48 units with a high proportion of 3 and 4 bed properties.
The majority of the site has full implemented planning consent for 39 units which was approved in Outline on 11th August 2016 under application ref 14/03761/out with Reserved Matters approved on 19th January 2021 under Appeal ref app/E2001/W/20/3259022, followed by the granting of a Certificate of Lawful Development under application ref 23/02260/clp on 12th July 2024.
In addition to the above, there are a further 9 units on the south west corner of the application site, benefitting from full planning consent under reference 22/03829/plf, which was granted 15th April 2024.
To the west of the site is land which is available for the construction of the drainage solution.
The S.106 Agreement relating to the implemented section of the site, requires that 7 of the 39 units will need to be ‘Affordable Rented or Social Rented Dwellings’ and 2 are ‘Intermediate Dwellings’.
The S.106 relating to the remainder of the site requires that 2 of the 9 units are ‘Affordable Rented or Social Rented Dwellings’.
There is also mention of a Recreational Facilities Contribution and a contribution for the maintenance of Public Open Space. Viewing The Site may be viewed from Sands Lane at any time.
On-site viewing is strictly by appointment only. Method Of Sale The property is offered For Sale by Private Treaty. Guide Price Offers are invited in excess of £1,750,000.
Supplementary Information Additional information, including copies of the decision notices, S.106 agreements, layout plans, geoenvironmental appraisal and topographical survey data, is available upon request.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Development Site - 4.37 Acres, Sands Lane, York
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