1-bedroom flat · YO25 6NN
To rentListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUAL ENTRANCE Intercom system. Straight flight staircases leading to each floor. ENTRANCE DOOR Opening into: ENTRANCE HALL Laminate flooring. Central light fitting.
Built-in cupboard housing hot water tank. Mains smoke alarm. Doors to: LOUNGE Central light fitting. Carpet. Two roller blinds* Two electric heaters.
Opening into: KITCHEN With a range of cupboards and drawers, stainless steel sink unit. Space for fridge. Space for electric cooker. Plumbing for washing machine. Central light fitting.
Laminate flooring. BEDROOM ONE Carpet. Central light fitting. Electric heater. Shelf. BATHROOM Carpet. Central light fitting.
White suite with panelled bath and shower attachment, low level WC, wash hand basin and wall mounted electric heater. Extractor fan. CENTRAL HEATING Electric panel heaters.
DOMESTIC HOT WATER Provided by the electric boiler. DOUBLE GLAZING Single glazed windows in timber frames. PARKING Off-road parking available only with use of a permit. COUNCIL TAX BAND Band A.
ENERGY PERFORMANCE CERTIFICATE Rating E. SERVICES Mains water, drainage, electric, gas either available or connected. The tenant to arrange any required media connections.
PAYMENTS Prior to the commencement of the tenancy the ingoing tenant will be required to pay the Damage Deposit of £565.00 Monthly rent: £490.00 NOTES Heating systems and other services have not been checked.
All measurements are provided for guidance only. None of the statements contained in these particulars as to this property are to be relied upon as statements or representations of fact.
Floor plans are for illustrative purposes only. * items marked are for the use of the tenant if required. However, the landlord is not responsible for the replacement or repair of these items.
VIEWING Please visit our website - viewings will only be arranged following receipt of a completed application. Strictly by appointment with Ullyotts. Regulated by RICS
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Riverhead Mill, Driffield
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