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See how verdicts work2-bedroom flat · YO10 4QX
For saleReduced £10k (−7.4%) on 26 OctListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom retirement property, tucked away in a quiet cul-de-sac just off Fulford Road, offering quick and easy access to York City Centre and regular bus routes in and out of York.
Set within the highly sought-after assisted living development of Homeyork House, this beautifully upgraded apartment has undergone a comprehensive programme of improvement, now showcasing a brand new Howdens kitchen with integrated appliances, new carpets throughout, and complete redecoration.
The result is a stylish, turnkey home offering contemporary comfort and effortless living.
Accessed via a well-maintained communal hallway, the apartment opens through a solid wood entrance door into a welcoming and generously proportioned reception hall, from which all principal accommodation flows.
The standout living space is a bright dual-aspect sitting room, enjoying an abundance of natural light and pleasant views over the communal gardens, creating an elegant yet relaxing environment.
The newly installed kitchen is seamlessly accessed from the living area and is fitted with a refined range of contemporary wall and base units, complemented by integrated appliances and clean, modern finishes.
An inner hallway, thoughtfully designed with two substantial storage cupboards, leads to two well-proportioned double bedrooms.
The principal bedroom benefits from extensive built-in wardrobes, providing excellent storage.
Completing the accommodation is a stylishly appointed shower room, featuring a generous double-width shower, low flush WC, and a sleek vanity unit incorporating a wash basin and additional storage.
Homeyork House is a well-regarded and established retirement development, offering residents a superb range of communal amenities including an elegant residents’ lounge, laundry facilities, guest accommodation, and lift access to all floors.
Externally, the development enjoys residents’ and visitors’ parking, alongside beautifully landscaped and meticulously maintained communal gardens.
Lease Details: Service Charge - £3525.52 (paid in two halves every half year) Ground Rent - £547,70 (paid in two halves every half year) Lease Length - 125 years from 1987 (so 86 remaining)
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
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FAQ
About Danesmead Close, York
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