We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · YO31 7AH
Listing removedReduced £10k (−4.3%) on 16 SepListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought after St Johns Mews development on Penleys Grove Street, this beautifully presented one bedroom first floor apartment offers stylish, modern living just a short distance from York city centre.
Immaculately maintained throughout, the property boasts a bright and contemporary interior, ideal for first-time buyers, professionals, or investors alike.
The spacious open-plan living area is flooded with natural light and features a charming Juliet balcony, creating a light and airy feel while offering pleasant outlooks.
The modern fitted kitchen is finished to a high standard with sleek cabinetry and integrated appliances, perfectly complementing the living space.
The generously sized double bedroom is tastefully decorated and provides ample space for storage, while the stylish bathroom is finished with modern fixtures and fittings, completing the accommodation.
Externally, the property benefits from allocated off-street parking, offering convenience and peace of mind.
Located in the groves, the apartment enjoys easy access to local amenities, shops, and regular transport links, while York’s historic city centre is within comfortable reach.
General Remarks Offer Procedure Before contacting a Building Society, Bank or Solicitor you should make your offer to the office dealing with the sale, as any delay may result in the sale being agreed to another purchaser, thus incurring unnecessary costs.
Under the Estate Agency Act 1991, you will be required to provide us with financial information in order to verify your position, before we can recommend your offer to the vendor.
We will also require proof of identification in order to adhere to Money Laundering Regulations.
Anti Money Laundering Compliance We are legally required to conduct Anti-Money Laundering (aml) checks on all purchasers and sellers.
These checks become mandatory once a seller accepts an offer on a property (subject to contract). Aml checks are valid for six months from the date of completion.
If your transaction does not proceed and you submit an offer on another property more than six months later, or if your existing aml check is more than six months old at the time of a new offer, you will be required to complete and pay for a new check.
We appoint hipla as our compliance partner to carry out these checks on our behalf.
Once your offer has been accepted (subject to contract), hipla will contact you directly to complete a secure electronic verification process.
A non-refundable fee of £30 + VAT per purchaser is payable for the aml check. This fee must be paid before we can issue the Memorandum of Sale to the solicitors.
The fee is non-refundable in all circumstances.
Hudson Moody receives service credits from hipla which may be used against other services, in recognition of facilitating the checks and undertaking associated administrative compliance duties.
Viewing Micklegate All viewing is strictly by prior appointment with the sole selling agents, Hudson Moody. Please contact our offices at 58, Micklegate, York, YO1 6LF. Telephone .
Local Authority York City of York Council, West Offices, Station Rise, York, YO1 6GA. Telephone . Services Mains supplies of water, electricity and drainage.
Fixtures And Fittings All fixtures and fittings are specifically excluded from the sale unless they are mentioned in the particulars of sale.
Lease Length- 994 years remaining Annual Ground Rent- £160.00 Annual Service Charge- £1274.04
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 advisers 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
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FAQ
About Apartment 21, St Johns Mews, Penleys Grove Street, York
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