2-bedroom property · YO62 5BW
For saleListed 364 days
Opportunity summary
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About
Exciting opportunity comprising this stone and pantile town centre property including ground floor retail premises with self contained apartments both above and to the rear.
Extremely well appointed throughout, tastefully extended at the rear, delightful gardens, parking for three and large detached garage.
A very versatile property with multiple options and a large untapped roof space. Highly sought after vibrant market town. Freehold for sale with vacant possession.
General Location - Helmsley is a very attractive market town situated on the southern fringe of the North York Moors National Park.
With a weekly market, an eclectic range of smart shops, hostelries and restaurants and high-class delicatessens the town is a highly regarded tourist destination.
The opportunities for outdoor recreation are endless, with lovely walks in Duncombe Park to the south of the town and the Hambleton Hills to the north.
The town has a wide range of amenities, including surgery, library, thriving arts centre and recreation ground. Services - The whole building is served by mains water, electricity and drainage.
In addition mains gas supplies independent gas central heating boilers for of the three parts. Council Tax - We are verbally informed that the accommodation above 3 Bondgate lies in Band A.
Prospective purchasers are advised to check this information for themselves with North Yorkshire Council .
Ground Floor Shop/Retail - With generous width glass shop window enjoying good depth of display space.
A front retail area opens into a further area of retail with changing room space having a separate WC area off.
The whole of the retail space is served by gas central heating from its own independent gas boiler.
Ground Floor Studio Apartment - Superbly appointed space enjoying both a contemporary and traditional feel allowing generous sleeping space along with open plan living/kitchen/dining space with a very smart range of units in a traditional style.
There is a modern shower room off the open plan space. Three radiators.
The extended part at the rear generates lots of natural daylight both from the lantern style roof light and the Bi-folding doors leading directly into the stone flagged patio space.
A gate from the parking/garage area leads into a mature and good sized area of lawn with steps down to the generous flagged patio area where a single door and the Bi-folds give access into the property.
First Floor Apartment - With its own fully self contained access from the main front entrance door leading into a hallway area with staircase to the first floor.
The main living space faces onto Bondgate with two double glazed sash windows. Cupboard housing the gas central heating boiler.
This fantastic space opens nicely into the dining kitchen space with a new range of traditional style units incorporating a built in oven and hob.
An inner hall area leads into a modern bathroom with matching white suite, over bath shower, heated towel rail, built in shelved airing cupboard.
The double size bedroom has a rear facing window and radiator.
Outside - The whole outside space at the rear is particularly pleasant and includes allocated parking for upto three vehicles together with a good sized timber clad single garage with remote front door, rear single door, power and light connected.
approx internal sizes 20ft long X 9ft wide.
Value & comps
No previous sales on record.
Returns
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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 Bondgate, Helmsley
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