2-bedroom flat · YO23 1PY
To rentListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented large 2 bedroom apartment at the highly sought after ex Terrys chocolate factory address in the very fashionable district of Bishopthorpe with easy access to the picture perfect city of York with its excellent commuter links.
Situated in the Neapolitan building the apartment occupies a large area on the ground floor with the bonus of a good size outdoor balcony/terrace.
Enter to the secure lobby through the private and secure key coded front door. The apartment opens onto a welcoming hall which offers various storage cupboards.
To the right side is the huge kitchen/living/dining space. It is bright and airy with numerous lovely windows allowing light to flood in.
The kitchen is a real foodies dream with plenty of storage and good quality appliances nicely built in to include dishwasher/microwave/fridge freezer and separate oven.
It its a very open and social feel, ideal for entertaining friends and family. There is then ample space for a good size dining table as well as a desirable breakfast bar built in.
The rest of the large room will take a set of sofa suites and a coffee table very comfortably. It really is a great space.
Finally at the back of the living space is a very good size balcony/terrace ideal for al fresco dining as it is so well positioned from the kitchen.
Too many apartments miss that little outside space that makes such a difference or the balcony is so narrow it has no real use. This is a very good size and works perfectly.
The bedroom wing boasts 2 lovely double bedrooms. The principle has a beautifully tiled en-suite with large walk in shower and full height storage cupboards which cover the width of the room.
Very handy!! The carpets are soft and in excellent condition. The second bedroom is also a nice size double but if not required would make a fantastic home office/study.
The property externally holds a designated parking bay just outside the entrance.
All in all a fantastic location and beautifully presented apartment offered at a very sensible price point given the parking, useful balcony and overall size.
The apartment block is positioned conveniently near the local supermarket for your daily needs and there is plenty of green space in the overall development.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Joseph Terry Grove, York, North Yorkshire, YO23
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