3-bedroom flat · HG4 1BE
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ATTENTION INVESTORS. Apartment for sale with tenants in situ achieving 6.25% Yield.
A well presented and spacious three bedroom first floor apartment in close proximity to Ripon city centre and local amenities.
The property benefits from being spacious and light throughout with a modern kitchen and bathroom, feature fire places, gas central heating, partial double glazing and central location.
Briefly Comprises: Communal entrance with stairs leading to first floor, front door, hallway, lounge open plan to: kitchen dining room, three bedrooms and bathroom.
Externally: Communal enclosed patio garden. FOR SALE WITH TENANTS IN SITU!!! Communal Entrance - Stairs leading to first floor.
Entrance Door - Leading into; Hallway - 2.08m x 3.28m (6'10" x 10'9") - Security entry phone, wall mounted thermostat.
Lounge - 3.99m x 3.66m (13'1 x 12') - Double glazed window to the front aspect with a further double glazed window to the inside, feature fire place with cast iron insert, double radiator.
Open plan to: Kitchen Dining Room - 3.23m x 2.90m (10'7" x 9'6") - Range of modern wall and base units with roll top work surface over, stainless steel sink unit housing bowl and drainer with swivel mixer tap, integrated four ring electric hob and oven with extractor hood over, upright fridge freezer, washer dryer, radiator, feature fire place with cast iron insert.
Bedroom One - 3.61m x 4.42m (11'10" x 14'6") - Wood framed sash window to the front aspect with further double glazed window to the inside, radiator, tv point, phone point and feature fire place with cast iron insert.
Bedroom Two - 2.92m x 3.07m (9'7" x 10'1") - Wood framed sash window to the rear aspect, radiator. Bedroom Three - 2.11m x 2.59m (6'11" x 8'6") - Wooden sash window to front aspect, radiator.
Bathroom - 2.18m x 2.03m (7'2" x 6'8") - White suite comprising: panelled bath with over head mains shower, low level W.C., pedestal hand wash basin and taps, chrome heated towel radiator, wall mounted boiler, extractor fan, wooden sash window to rear aspect.
Externally - Communal Patio Garden - Communal enclosed patio and gravelled garden with walled and fenced perimeter. Agents Notes - FOR SALE WITH TENANTS IN SITU!!!
Achieved Rent £885 pcm achieving 6.25% Yield. 999 Years Lease (starting approx 2023) Service Charges; Share of maintenance costs and repairs split between three flats. Council Tax band A
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
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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 Low Skellgate, Ripon
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