2-bedroom flat · HU17 7LT
Sold STCListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Molescroft Mews, Beverley, Hu17 7Lt Inviting Offers Between £75,000 - £80,000 Inviting offers between £75,000 - £80,000 full walk-through video!
This property is Contract Ready, the legal work has already started, saving time, reducing risk, and helping your move go smoothly. See below for details.
Two-bedroom ground floor apartment in A convenient beverley location Summary: This two-bedroom ground floor apartment is situated in a purpose-built block in the popular molescroft area of Beverley.
The apartment forms part of a small and well-proportioned development, with only four flats in this block and just eight in total across both blocks, creating a quieter and more private residential setting.
Within reasonable walking distance of the town centre, this property offers a private entrance, an open plan living and dining room, a fitted kitchen, a bathroom, and two double bedrooms.
Benefitting from double glazing and updated electric heaters, this home is ideal for single occupants, couples, investors, or those looking to downsize to a manageable space in a convenient location.
Our Thoughts: This property is a great opportunity for a variety of buyers. The molescroft area is always in demand, thanks to its proximity to Beverley’s town centre and its range of amenities.
The apartment itself is well laid out, with a private entrance leading into a bright and airy open plan living and dining room.
The inner hall provides access to a fitted kitchen, a bathroom, and two double bedrooms, making it a practical and comfortable space.
The double glazing and updated electric heaters are definite advantages, ensuring the property is both energy-efficient and easy to maintain.
Whether it’s for a first-time buyer, someone looking to downsize, or an investor seeking a rental opportunity, this property ticks a lot of boxes.
Owners Thoughts: The current owner has enjoyed the convenience of living in this location, with Beverley’s town centre just a short walk away.
The property’s layout has been perfect for day-to-day living, with the open plan living and dining room providing a great space to relax.
The two double bedrooms have been a real bonus, offering flexibility for guests or additional storage.
The updated electric heaters have made the home more efficient, and the double glazing has helped keep it cosy.
The owner feels this apartment would suit a wide range of buyers, from individuals and couples to those looking for a manageable home in a great location.
Tenure The property is leasehold Ground Rent: £500 P.A.
Property Management Fees: £345 per quarter Length of Lease (Number of yrs remaining): 79 Years Council Tax Council Tax is payable to the East Riding of Yorkshire Council.
From verbal enquiries we are advised that the property is shown in the Council Tax Property Bandings List in Valuation Band A.* Fixtures & Fittings Certain fixtures and fittings may be purchased with the property but may be subject to separate negotiation as to price.
Disclaimer *The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Viewings Strictly by appointment with the sole agents.
Mortgages We will be pleased to offer expert advice regarding a mortgage for this property, details of which are available from our Beverley office.
Your home is at risk if you do not keep up with repayments on a mortgage or other loan secured on it. Valuation/Market Appraisal: Thinking of selling or struggling to sell your house?
More people choose Beercocks in this region than any other agent. Book your free valuation now!
Important Buyer Information: To progress your offer, we are legally required to verify your identity, confirm your source of funds, and assess affordability. This process incurs a fee of £50 (inc.
VAT) for sole buyers, or £100 (inc. VAT) for joint buyers, regardless of the number of individuals involved.
What Contract Ready Means for You - the Buyer When a seller is Contract Ready, it means all the key legal documents are prepared before a sale is agreed, so everything’s ready to go as soon as the offer is accepted, with no cost to you.
This includes: • Proof of ownership and authority to sell • Seller’s Property Information Forms (TA6, TA10) • Draft contract of sale Your solicitor usually receives the full legal pack within 48 hours, so they can get to work immediately.
How this helps you: • Reduces the number of enquiries going back and forth • Smoother and potentially quicker sale • Lowers the risk of the sale falling through Important Buyer Information: To progress your offer, we are legally required to verify your identity, confirm your source of funds, and assess affordability.
This process incurs a fee of £50 (inc. VAT) for sole buyers, or £100 (inc. VAT) for joint buyers, regardless of the number of individuals involved.
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.
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About 5 Molescroft Mews, Beverley, East Riding Of Yorkshire
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