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 work2-bedroom flat · HG4 2TQ
For saleReduced £10k (−6.3%) on 21 JunListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***priced for A quick sale*** for sale with no onward chain. Priced for A quick sale.
Situated on the second floor of the highly regarded Old College development, this spacious two-bedroom apartment offers well-proportioned accommodation within a distinctive and attractive building, set amidst private communal grounds.
The apartment combines character features with modern living, including electric heating, an allocated parking space and access to beautifully maintained communal gardens.
Internally, the layout is both practical and generous, with a large open-plan living room and kitchen forming the heart of the home, ideal for relaxing or entertaining.
The property is currently tenanted on an assured shorthold tenancy. The current rent is £800pcm making this an ideal investment opportunity.
Should the purchaser wish for vacant possession, 2 months notice will need to be served.
The Old College is located on the outskirts of Ripon in a popular and well-established residential setting, offering a peaceful environment while remaining highly accessible.
Ripon city centre is easily reached, providing a wide range of shops, cafés and historic attractions, while excellent transport links include convenient access to Harrogate via the A61 and onward connections to the A1(M), making this an ideal base for commuters and those seeking a balance of town and country living.
Entrance Hall Welcoming hallway providing access to all rooms and useful storage space.
Living Room / Kitchen – 27'11" x 18'1" (8.52m x 5.52m) A particularly spacious open-plan living area filled with natural light, offering ample space for both seating and dining.
The kitchen area is well equipped with an oven, hob, washer/dryer, dishwasher, fridge and freezer, making it ideal for modern living.
Bedroom One – 17'2" x 16'9" (5.24m x 5.11m) A generous double bedroom featuring built-in wardrobes and the benefit of an en-suite shower room.
En-Suite Shower Room Fitted with a shower enclosure, wash hand basin and WC.
Bedroom Two – 15'10" x 10'5" (4.83m x 3.18m) A further well-proportioned double bedroom, also benefiting from built-in wardrobes.
Bathroom Modern bathroom comprising a panelled bath, wash hand basin and WC. Material Information Tenure - The property is leasehold with 103 years remaning.
Services - The property has electric heating, mains electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
Broadband & mobile signal & coverage - Please check the Ofcom website. Flood risk – Very low risk of flooding. Planning permission – none in the immediate area.
EPC: D council tax: D Ground rent - £125 annually Service charge - £2927 annually
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 6 The Old College,, Steven Way, North Yorkshire
Explore nearby
.png){kind=logo}
