We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · YO24 3AE
Listing removedListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this well-presented third-floor, two-bedroom apartment, ideally located on Gale Lane.
The property is within walking distance of a wide range of local amenities on Acomb Front Street, with excellent access to regular bus routes and the outer ring road.
The apartment is accessed via a secure communal entrance at the rear of the building.
Upon entering, the spacious living room is positioned to the left and benefits from French doors opening onto a Juliet balcony, allowing plenty of natural light to flood the room.
The living area flows seamlessly into the kitchen, which offers a generous amount of worktop space for food preparation along with ample cupboard storage.
A large Velux window enhances the light and airy feel of the space.
To the rear of the property are two well-proportioned double bedrooms, both featuring French doors leading to Juliet balconies that overlook school playing fields behind the apartment block.
The bathroom is centrally located and is fitted with a bath and overhead shower, WC, and wash basin.
Externally, the property benefits from allocated parking to the rear, as well as secure bike storage.
This apartment is an excellent opportunity for first-time buyers looking to step onto the property ladder, as well as investors seeking a strong addition to their portfolio.
Leasehold Length of lease- 981 years remaining Ground rent - £100 per annum Ground rent review period- fixed Service Charge- £646.27 per annum Council Tax Band- C Anti-Money Laundering Compliance We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors.
These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed.
If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks.
We use a partner supplier MoveButler, to carry out these checks on our behalf.
They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely.
There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks..
This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances.
Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 5 Ascot Court, Gale Lane, York
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