1-bedroom flat · HG5 0HB
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: HMA8 Bank Chambers Apartment 1 is a fully furnished, one-bedroom apartment offering approximately 38 sq m of accommodation within a Grade II listed building in the heart of Knaresborough.
With high ceilings and tall sash windows, the apartment combines period character with a bright, comfortable interior.
Its central location makes it a convenient base for enjoying the town’s shops, cafés and local amenities.
The open-plan living area features a grey corner sofa and a fitted white kitchen with a breakfast bar and seating.
The separate double bedroom is carpeted throughout and furnished with a double bed, bedside tables and wardrobe storage. A shower room with a walk-in shower completes the accommodation.
WiFi is included in the rental amount. Please note there is no allocated car parking with the apartment, however, there is road side parking with a residence permit.
Access The apartment is accessed via several flights of stairs, and there is no lift. It is therefore unsuitable for anyone with mobility difficulties.
Letting restrictions The apartment is available for residential occupation only. No rent-to-rent, subletting, AirBnB or serviced accommodation enquiries, please.
Other apartments in the block are occupied, and we wish to maintain a quiet residential environment without a changing stream of short-stay visitors.
Medium and Long term corporate bookings are however welcome and a bills included rate with fortnightly cleaning can be discussed.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Apartment 1 37A, High Street, Knaresborough
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