2-bedroom flat · DL6 1NH
Listing removedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** second floor 2 bed flat ** Open plan living and kitchen area | Bathroom with electric shower | Balcony off bedroom | Town centre location | Permit parking available The property comprises an entrance hallway, open plan living area and kitchen, main bedroom with balcony, second bedroom, and bathroom.
The property benefits from electric heating, uPVC double glazing and telephone entry. The flat has superb access to the town centre being located just of the High Street.
In addition, the property is connected for broadband and satellite TV.
Important Information Council Tax Band A Deposit - £750 The deposit is refundable at the end of the tenancy, subject to the property being left in the same condition as when it was taken.
On applying for a property we require a completed application from all persons on the tenancy agreement along with a deposit and photo id.
If a guarantor is required, an application is required from the guarantor along with photo id. If you wish to take a tenancy, we require credit, employers, and landlord references.
As a rough guide we recommend that the tenant's gross salary is equivalent to at least two and half times the monthly rental income.
Tenants are usually required to be prior residents in the UK for at least 6 months.
Where a Tenant is unable to meet the required income or credit checks, the Tenant may possibly have a Guarantor agree to underwrite any rent liabilities. Rent is due in advance.
The first month's rent must be paid in advance with cleared funds prior to moving into the property. Further rental payments are due by standing order.
Rent is exclusive of all services and taxes unless otherwise stated.
Where the tenants have requested a change in the tenancy (such as swapping tenants), the landlord will charge a fee of £50 (including VAT) to make this change.
Entrance Hall Entrance via own doorway into entrance hallway with intercom system. Smoke alarm. Double doors open into built-in cupboard housing hot water tank and fuse box. Heatstore radiator.
Living Area (3.71 x 2.75 (12'2" x 9'0")) UPVC double glazed window to front elevation. Heatstore radiator. TV and telephone points.
Kitchen Area (3.85 x 1.81 (12'7" x 5'11")) Fitted in a range of base and wall mounted units with worktops and tiled splashbacks.
Built in electric oven with four ring electric hob and stainless steel extractor hood above. Stainless steel sink unit with mixer tap. Plumbed for automatic washing machine. Tiled floor.
Bedroom One (4.00 x 2.80 (max) (13'1" x 9'2" (max))) UPVC window to rear aspect. UPVC patio doors leading onto balcony with York stone paving and glass screen. Heatstore radiator.
Bedroom Two (3.85 x 2.54 (12'7" x 8'3")) UPVC window to side elevation..Heatstore radiator. Bathroom Three piece bathroom suite in white with bath, pedestal wash hand basin, and low level WC.
Triton electric shower over bath with glass shower screen. Xpelair fan. Heatstore radiator. Tiled floor. Outside Parking permit available for parking on Elder Road. Bin store to rear of flat.
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
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FAQ
About Flat 11, Elder View, Northallerton
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