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See how verdicts work2-bedroom flat · YO31 7ES
For saleListed 570 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning 2 bedroom first floor apartment with secure parking set within this sought after modern development only a few minutes walk from the city centre.
The property provides bright and spacious accommodation with high quality internal fittings and comprises entrance hall, large open plan living room with sitting area with double aspect views, dining kitchen with integrated appliances and granite work surfaces, bedroom 1 with en-suite shower room/WC, double size bedroom 2 and main bathroom.
The development also benefits from a lift. Superb purchase for professionals or investment buyers to rent or as A holiday let. Entrance Hall Entrance door, cloaks cupboard, radiator.
Doors to; Living Area (5.99m x 3.86m (19'8 x 12'8)) UPVC double glazed windows to two aspects, radiator, TV point, power points. Carpet.
Kitchen Area Spacious dining kitchen with high quality fitted units and granite worktops, comprising 1/2 bowl sink unit with cupboards below, base units with cupboards and drawers, matching wall units, work surfaces, built in electric oven and hob, integrated dishwasher and fridge/freezer, power points.
Vinyl floor covering. Bedroom 1 (4.11m x 2.95m (13'6 x 9'8)) UPVC double glazed window to front, built in wardrobes, radiator, power points. Carpet.
Panelled door to; En-Suite Walk in shower cubicle, wash hand basin, low level WC, extractor fan. Vinyl floor covering.
Bedroom 2 (3.15m x 3.99m (10'4 x 13'1)) UPVC double glazed window to front, built in wardrobes, radiator, power points. Carpet.
Bathroom Three piece suite in white comprising panelled bath, vanity unit housing wash hand basin, low level WC, extractor fan, heated towel rail/radiator.
Outside There is a communal entrance with video entry phone system and a lift leading to upper floors. There is also an under ground car park which provides a secure, allocated parking space.
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
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FAQ
About 2 Chapel Apartments, Union Terrace, York
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