2-bedroom flat · HU17 0PH
For saleReduced £3k (−2%) on 9 JulListed 571 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Offered with no forward chain*** Well presented spacious two bedroom first floor apartment located in the popular Beckside within walking distance to Beverley Town Centre.
Close to all major road links .
The accommodation offers spacious living with intercom video entry system, shower room, double bedroom, second single bedroom, open plan lounge/fitted kitchen with appliances.
Fully double glazed and operated through a wet feed heating system. Allocated parking space with remote controlled gated entry system.
This property has a current Tenant in place on a statutory periodic tenancy paying £685 per calendar month (The rent payable will rise to £720 per calendar month from 22/09/2024).
The property can be purchased as an investment property with the existing Tenant happy to stay or as a home subject to the relevant notice being served.
Entrance Hallway Carpeted, radiator, and storage cupboard housing the water tank.
Open Plan Lounge/ Kitchen/ Diner 19'7" x 16'6" (5.97m x 5.03m) Two dg windows to rear elevation, two radiators, laminate flooring, wall and base units, integrated fridge/ freezer, space for washing machine, stainless steel sink and drainer, electric hob and oven with extractor over.
Main Bedroom 11'4" x 9'11" (3.45m x 3.02m) dg window to rear elevation, radiator and carpeted. Bedroom 2 11'4" x 9'11" (3.45m x 3.02m) dg window to rear elevation, radiator and carpeted.
Shower Room Freestanding shower cubicle, pedestal wash hand basin, WC and towel radiator. External Allocated parking space.
Material Information Leasehold Ground Rent - £50.00 Per Annum Service Charge - £160.00 Per Quarter Council Tax Band - B
Value & comps
No previous sales on record.
Returns
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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 Flat 12, Mill View Court,, Figham Road, Beverley
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