2-bedroom flat · YO31 8FQ
For saleReduced £20k (−11.8%) on 9 OctListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented throughout, this two bedroom ground floor retirement apartment forms part of a popular development exclusively for the over 55’s.
Ideally positioned just half a mile from York’s historic city walls and within walking distance to various amenities including York District Hospital, it occupies a sought-after spot within the building, enjoying a wonderful south-westerly aspect overlooking the neatly maintained communal gardens.
Residents benefit from a secure entry system, access to a welcoming communal lounge and a well-equipped laundry room, along with the reassurance of an on-site warden and 24/7 care alarm system.
There are also two car parks on site.
The apartment itself features a generous entrance hall with two useful storage cupboards, one housing the instant hot water system and the other including a new washing machine/ dryer.
The bright and comfortable lounge diner enjoys a lovely bay window framing views of the gardens, and a feature fireplace with electric fire.
An open entrance leads into the modern fitted kitchen, complete with a range of wall and base units, integrated appliances and practical tiled splashbacks.
There are two well-proportioned bedrooms, with the principal room offering fitted wardrobes to maximise storage. A contemporary shower room with WC completes the internal accommodation.
Offered no onward chain, early viewing is highly recommended.
*A selection of rooms have been dressed using ai for illustrative purposes.* Leasehold Length of lease- 88 years remaining Ground rent - £667.60 per annum Ground rent review period- Every 15 years Service Charge- £2,202 per annum Council Tax Band- B Anti-money laundering compliance We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors.
These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed.
If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks.
We use a partner supplier MoveButler, to carry out these checks on our behalf.
They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely.
There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks..
This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances.
Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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
Agent & docs
FAQ
About 22, Hansom Place, York
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