2-bedroom flat · YO23 1FL
For saleReduced £50k (−8.3%) on 27 JulListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within an exclusive development just off Bishopthorpe Road, moments from York Racecourse and the Knavesmire, this stunning penthouse apartment offers immaculately presented accommodation alongside exceptional outdoor space and far-reaching panoramic views across York, including York Minster.
Rare to the market, the property also benefits from two allocated parking spaces.
Accessed via a secure communal entrance with lift access, the apartment opens into a private hallway with useful built-in storage, leading through to the heart of the home.
The impressive open-plan living, dining and kitchen area is flooded with natural light from multiple full-height glazed doors and windows, all of which frame the outlook and provide direct access onto the substantial wraparound terrace.
The kitchen is centred around a large island with breakfast bar seating, incorporating an induction hob with pop-up extractor and a Quooker tap, while a range of sleek fitted units house integrated appliances including a fridge freezer, dishwasher, double oven, coffee machine, microwave and wine fridge.
The principal bedroom suite is a standout feature, substantial wardrobe space, contemporary en suite shower room and direct access onto the terrace.
A second generous double bedroom benefits from fitted wardrobes and is served by a stylish house bathroom.
Further benefits include underfloor heating throughout and heated towel rails to both bathrooms.
Externally, the development offers well-maintained communal gardens, visitor parking and a secure cycle store, in addition to the two allocated parking spaces.
Offering a high standard of finish, outstanding views and a highly sought-after location, this exceptional penthouse is likely to generate strong interest, and early viewing is highly recommended.
Leasehold Length of lease- 988 years remaining Ground rent - £554 per annum Service Charge- £1,219.04 per annum Council Tax Band- F Anti-Money Laundering Compliance We are legally required to conduct Anti Money Laundering checks on all purchasers and sellers.
These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed.
If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks.
We use a partner supplier MoveButler, to carry out these checks on our behalf.
They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely.
There is a non-refundable charge of £30 + VAT per purchaser for these checks.
This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances.
Ashtons receive a portion of this fee from Movebutler as compensation for facilitating these checks and our administrative role in the compliance process.
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 advisors 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 73, Medallion House, York
Explore nearby