3-bedroom semi-detached house · YO18 7UF
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built by David Wilson number 7 Levin Drive forms part of the popular Heather Croft development and is offered sale completely chain free on a 50% shared ownership basis.
Briefly including a hallway with WC and stairs off, a generous dining size kitchen, rear lounge with French doors into the garden, three bedrooms, en-suite bed 1 and main bathroom.
Driveway parking, fully enclosed rear gardens, uPVC double glazing and gas centrally heated. Current rent of £367.79 pcm. Please see shared ownership criteria and information on or listing.
Ownership Information/Outgoing Costs - Shared Ownership Information and Criteria Once you have viewed the Resale Shared Ownership property, there are 2 simple steps to follow to make the process easier and smoother to apply but please note the criteria first • You must be at least 18 years old.
• Outside of London your annual household income must be less than £80,000.
• You cannot own another home or if you do you must be selling this • You should not be able to afford to buy a home suitable for your housing needs on the open market.
• Household savings are reviewed and based on the property and location and are case by case Monthly rent £367.79 Monthly lease management fee £23.34 Building insurance £11.32 General Information - Pickering is an attractive market town on the edge of the beautiful North York Moors National Park and 18 miles from the Heritage Coast.
There is a wealth of pubs, eateries individual shops and all the other amenities expected in a market town; including the market itself held every Monday.
The iconic North Yorkshire Moors Steam Railway is based in Pickering with some services to Whitby - the famous seaside town from where Captain Cook set sail in the endeavour in the 1700s.
There is a wonderful Norman castle in Pickering owned by English Heritage and the surrounding countryside is a haven for wildlife and walkers.
Hallway - Wc - Dining Kitchen - Lounge - First Floor Landing - Bedroom 1 - En-Suite Shower Room - Bedroom 2 - Bedroom 3 - Bathroom - Gardens/Outside Space -
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 7, Levin Drive, Pickering
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