3-bedroom house · YO62 5BG
For saleListed 452 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Mill is an intriguing detached property with lovely garden a short distance from the Market Place.
Vehicular access is from Pottergate, and there is access on foot to Bridge Street and the town centre shops.
The property provides interesting accommodation on three levels and has an adjoining workshop and garaging which subject to consents provides good potential to incorporate or divide into another unit.
There are two means of access to the property. Currently the accommodation provides a garden room, games room/sitting room, living room, kitchen/diner, utility room, 3 bedrooms and bathroom.
There is access from the accommodation to the workshop. Outside the covered terrace overlooks the private garden with its high boundary fences and walls.
It is a rarity to have such a fantastic secluded plot so near the town centre.
Helmsley is a sought-after town with a weekly market on a Friday and an array of shops providing important everyday amenities, as well as good eateries, craft shops, boutiques, and a well-stocked delicatessen.
Places of interest include Duncombe Park Grounds, Helmsley Castle & Walled Garden, and Helmsley Art Centre, popular for its film programmes, theatre productions, art exhibitions, and workshops.
Helmsley lies on the borders of the North York Moors National Park with its stunning scenery and numerous recreational pursuits. The A170 Thirsk to Scarborough road also links to other local towns.
General Information: - Services: Mains water , electricity and gas. Connected to mains drainage.
Tenure: We are informed the property is freehold and that vacant possession will be given on completion. Viewing: Strictly by appointment with the Agents: Rounthwaite & Woodhead.
53 Market Place, Malton YO17 7LX. Tel: . Council Tax: We are informed that the property lies in band E.
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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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 Old Mill, Bridge Street, Helmsley, York
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