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See how verdicts work1-bedroom flat · BD23 1FL
Listing removedListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom third floor apartment with quality fixtures and fittings. Located in this Grade II listed conversion, close to the town centre and convenient for Skipton's array of amenities.
The property also includes private and secure car parking for one vehicle and a communal garden. This property is an affordable home and criteria applies.
No onward chain On entering the property into the entrance hallway with storage cupboard, additional cupboard housing the hot water cylinder and providing washing machine/dryer plumbing, as well as giving access to the remaining accommodation.
The living area with exposed stone wall with stone lintel above the large window allowing for an array of natural lighting. This area is open to the dining and kitchen area.
The kitchen is well presented and offers a selection of base, wall and drawer units with worktop surfaces over, sunken one and a half sink, four ring induction hob with extractor fan above, integrated oven, microwave and dishwasher.
The bedroom is of a great size with large window, electric wall radiator and fitted wardrobes with sliding doors.
The shower room offers a three piece suite in white, comprising of a large walk in shower cubicle, low flush w.c., hand wash basin, ladder style heated towel rail, contrasting wall and floor tiling and extractor fan.
There is a generous communal flagged rear patio garden which offers additional seating and raised planters whilst backing on to the Leeds/Liverpool canal with fine views.
Glista Mill has the benefit of secure parking for one vehicle within the underground basement car park - with an electronic key fob entry system.
Local Authority & Council Tax Band • North Yorkshire Council • Council Tax Band B Tenure, Services & Parking • Leasehold, 999 years from 2008, £200PA ground rent which increases by £100 every 10 years and service charge of £2,319.14PA reviewed annually • Main electricity, water and drainage.
Heating is from wall mounted electric heaters • Private undercover parking is on site • This development does not allow holiday lets • Please note that this property is in a conservation area • The management company are assessing what window repairs to the building may be required Buyer requirements: Further to the section 106, under the lease, the buyer must be: - Over the age of 18 or more and has a housing need in the township of Skipton - The council must confirm that the person is in housing need.
Seller must notify the council of the identity of the buyer unless the buyer has been introduced by the council.
Once the council is notified of the buyer, the council will confirm if the buyer is in housing need within 28 days of the notice.
- Affordable housing cannot be sold at a consideration greater than 50% of the market value The definition of housing need is: - A person in permanent full-time work whether as an employee or self-employed for at least 3 years.
- A first-time buyer or a person occupying shared accommodation that is overcrowded satisfied by the council or a person who requires smaller accommodation and is aged 60 years or more or a divorced person who is required to give up/lost his right to accommodation within that area.
Internet & Mobile Coverage For information on Internet and Mobile coverage access the Ofcom website from this link Flooding For information on flood risks please use this link Check for flooding in England - The property is conveniently located within easy walking distance of Skipton's numerous facilities which include supermarkets, restaurants, pubs, places of worship etc.
For the commuter the business centres of East Lancashire and West Yorkshire are readily accessible as are cities of Leeds and Bradford from the town's railway station.
From our office in Skipton, bear right at the bottom of High Street and then right onto Swadford Street.
Proceed over Belmont bridge and after a short distance the Glista Mill Development will be easily identified on the right hand side.
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
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FAQ
About Apartment 39, Glista Mill,, Broughton Road, North Yorkshire
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