1-bedroom flat · YO23 1DQ
For saleReduced £5k (−2.2%) on 12 JunListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the first floor of this imposing development and with no onward chain, this well-appointed apartment has been completed to an incredibly high standard.
Blending charming period features with modern luxuries, this apartment boasts high ceilings, vast original windows, a modern fitted kitchen with new units and high-specification appliances, as well as a spacious double bedroom and modern bathroom.
Opening in 1926, the Terry's Chocolate Works once played a crucial part in York's confectionary heritage. The main factory building, constructed in an art deco style by architects J.G. Davies and L.E.
Wade, has since been sympathetically redeveloped and consists of a number of contemporary apartments.
There is a grand entrance foyer and reception with an on-site concierge, along with allocated resident's and guest parking spaces.
Occupying a prime position at the top of Bishopthorpe Road, the local area boats an array of nearby green spaces including the Knavesmire and Rowntree Park.
A short walk will allow access to award winning Bishopthorpe Road, which has been characterised by the Yorkshire Post as being "stacked with great cafes, bars, and shops" including artisan bakers, coffee shops, independent bars and pubs as well as wholefood retailers and convenience stores, and is "arguably one of the best community-led areas in the city".
There are local bus route into the city centre and York railway station beyond, with regular services to London, Edinburgh, Liverpool, Manchester, along with many other nearby stations.
We understand that this property is managed by Watsons Property Management.
There are Management Fees of £2000 per annum, payable in two instalments of £1000.83 in March and October, and a Ground Rent of £250 per annum, made up of two payments of £125 in March and October.
Estate charges of £115.98 per annum. This property is served by mains supplies of electricity, water and drainage.
There is a Communal Heating & Hot Water supply which is payable direct to Evinox Supplier. Viewings are strictly through Naish Estate Agents.
If you need to sell a property to fund a purchase, please speak to us regarding a free consultation and valuation. Like and follow the 'NAISH' Facebook page for more info.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 The Residence, Bishopthorpe Road, York
Explore nearby