2-bedroom flat · YO31 7XU
For saleListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two-bedroom loft apartment is ideally located in the popular residential area of Layerthorpe, just a short stroll from York city centre.
Offering an allocated parking space, the property combines convenience, style, and comfort in a sought-after setting.
Situated close to Foss Islands Retail Park, residents benefit from easy access to a variety of local amenities, including supermarkets, coffee shops, and gyms.
York Minster is less than a mile away, and York railway station is also within easy reach, making this a perfect base for commuters and city lovers alike.
The accommodation briefly comprises a welcoming central hallway with useful storage, leading to a recently modernised kitchen fitted with a range of stylish units and integrated appliances.
The spacious open-plan lounge and dining area enjoys dual-aspect windows, filling the room with natural light and creating a bright, airy atmosphere.
There are two well-proportioned double bedrooms and a contemporary family bathroom, all finished to a high standard.
Outside, the property includes an allocated private parking space, access to a communal garden, and a secure bike store, offering both practicality and peace of mind.
Leasehold Length of lease- 115 years remaining Ground rent- £250 per annum Ground rent review period- Every 15 years it doubles. Next being 2030.
Service charge- £1600 per annum Holiday lets not permitted Council Tax Band - B Anti-money laundering compliance We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors.
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 and per giftor 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
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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
Agent & docs
FAQ
About 145, Layerthorpe, York
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