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See how verdicts workDetached house · YO19 6AB
For saleListed 530 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A four storey water tower on a large plot in the ever sought after village of Wheldrake.
Wheldrake is a popular village, offering an array of local amenities, schools, and easy access to York and further afield, a property in this area is sure to be popular.
Wheldrake is in catchment for the Ofsted rated Outstanding Fulford Secondary school. The property itself is a former Water tower and has been owned by the current owner for over fourteen years.
The property has vehicle access via 54A Main Street which is also currently on the market either to purchase individually or as a whole.
The property has the potential to be converted to a residential property subject to the necessary planning permissions. The property is vacant and all viewings must be arranged by appointment only.
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
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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.
Area
Agent & docs
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FAQ
About Water Tower Enclosure, Back Lane South, Main Street, York
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