Modern Method of Auction
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See how verdicts work1-bedroom flat · YO1 6JD
No longer listedReduced £30k (−18.8%) on 20 JunListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Placed just a stone's throw from the heart of the city centre, this well-proportioned one bedroom ground floor apartment has the huge benefit of an allocated parking space.
The property is for sale by the modern method of auction with a starting bid of £160,000.
Located just off North Street near Ouse Bridge and overlooking All Saints Church, the property is also perfect for accessing the railway station.
The internal accommodation begins with an entrance hallway with access to a useful storage cupboard. The main living space is a generous lounge, bathed in light from windows on three elevations.
The apartment then continues with a fitted kitchen with a range of wall and base units, work surfaces, a built-in oven and also a two place hob.
There is a generous double bedroom and the accommodation is completed with a three piece bathroom with a shower over the bath.
The property does have gas central heating in place, however the boiler is currently not working and there is single glazing throughout. Outside the apartment is the allocated parking space.
Ideal as a home within the city walls, the property would also make an excellent investment opportunity. For details on the potential long term rental income, please contact the office.
Please be aware the photos shown were taken before the current tenant moved in.
The property is connected to a mains gas supply, a main electricity supply and mains water is supplied by Yorkshire Water. The broadband types available in the area are standard and superfast.
Mobile availability at the property is covered by all four major suppliers.
Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile.
For details on the long term flooding please, please check the government long term flood risk website. This is a leasehold property. The lease is 113 years from 16/10/2002.
The ground rent is £10 per annum. The service charge is £800 per annum.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided which you must view before bidding. The successful buyer will pay £349.00 including VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Entrance Hall Entrance door with window to the side and storage cupboard. Lounge 15'8" x 9'9" (4.78m x 2.97m) Windows to front, side and rear elevations.
Kitchen 8'10" x 8' (2.7m x 2.44m) Wall and base units, work surfaces, sink, built-in oven, two place hob and window to front elevation. Bedroom 15'8" x 9'3" (4.78m x 2.82m) Window to front elevation.
Bathroom Three piece suite with bath with shower over, sink, W.C. And window to side elevation. Exterior Allocated parking space. Material Information Leasehold. Council tax band B.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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FAQ
About 21, North Street, York
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