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See how verdicts work4-bedroom terraced house · YO10 5AQ
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the highly sought-after area of Fishergate, on the ever-popular Melbourne Street, is this well-maintained four-bedroom licensed HMO, offered for sale as a going concern with no onward chain.
Situated in one of York's most established student investment locations, the property generates a gross annual income of approximately £38,000 and presents an excellent opportunity for both new and experienced investors.
Ideally positioned within walking distance of both the University of York and York St John University, as well as the city walls and historic city centre, the property enjoys consistent appeal within York's strong student rental market.
Internally, an entrance hallway provides access to a generous ground floor bedroom positioned to the front of the property.
To the rear is the communal living and dining space, creating a sociable area for tenants, with direct access into the recently upgraded kitchen.
The kitchen features a range of contemporary shaker-style wall and base units, offering ample storage and generous worktop space.
A deep storage cupboard provides a practical utility area and additional storage.
The first floor offers three further well-proportioned bedrooms, two enjoying views over the front elevation, together with a modern three-piece house bathroom located to the rear.
Externally, the property benefits from a low maintenance south facing courtyard garden with high metal gates providing useful access onto a rear vehicular access road, which also provides spaces for residents' parking.
Having been carefully maintained throughout many years of successful letting, this licensed HMO is ready to continue generating income immediately and is offered to the market with no onward chain.
Early viewing is highly recommended. 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
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
Agent & docs
FAQ
About 26, Melbourne Street, York
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