2-bedroom flat · YO31 7XL
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great choice for first-time buyers looking for an affordable step onto the property ladder, this home provides bright, practical accommodation with a simple layout that is easy to make your own.
The 60% shared ownership arrangement provides an accessible route into home ownership for eligible buyers.
A secure communal entrance leads into the building, with the apartment opening into a spacious hallway. Two generous cupboards provide useful storage for coats, shoes and everyday household items.
The main living area is positioned at the front, where a half-height wall creates a natural divide between the kitchen and lounge while keeping the space feeling open.
The kitchen has modern dark wood units, an integrated oven and gas hob, with a large window bringing in plenty of natural light.
This looks towards a lawn screened by established hedging, providing a pleasant green outlook and some privacy from the road.
The lounge is bright and neutrally decorated, giving a new owner a blank canvas for their own furniture and style.
Its connection with the kitchen also creates a sociable space for relaxing, cooking or having friends over.
Both double bedrooms are positioned towards the rear and overlook the residents' parking area. The second bedroom offers plenty of flexibility and could work well as a guest room or home office.
A modern three-piece bathroom is located at the end of the hallway and serves the accommodation. Outside, there is an allocated parking space along with visitor parking.
The location is particularly convenient for buyers who want to enjoy York without needing to drive into the centre.
The historic city walls are just a short walk away, putting the shops, cafés, restaurants and attractions of York city centre within easy reach.
Local supermarkets are also nearby for everyday essentials, while York's bus services provide connections across the wider city.
York railway station offers useful links further afield, making the location suitable for buyers who need to travel for work or leisure.
With the city centre close by, everyday amenities within easy reach and allocated parking available at home, the property offers a useful balance between city living and day-to-day practicality.
Combined with the 60% shared ownership opportunity, it could be an excellent first step onto the property ladder in York.
60% Shared Ownership Rent to pay on remaining 40%: £202.97pcm Service charge: £120.11pcm Length of lease remaining: 99 years from 15 August 2016 (88 years remaining) Full market value £215,000 money laundering regulations ; By law, we are required to conduct anti money laundering checks on all intending sellers and purchasers and take this responsibility very seriously.
In line with hmrc guidance, our partner, MoveButler, will carry on these checks in a safe and secure way on our behalf.
Once an offer has been accepted (stc) MoveButler will send a secure link for the biometric checks to be completed electronically.
There is a non-refundable charge of £30 (inclusive of VAT) per person for these checks.
The Anti Money Laundering checks must be completed before the memorandum of sale can be sent to solicitors confirming the sale.
Disclaimer: These details, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property, or tested the services or any of the equipment or appliances in this property.
With this in mind, we would advise all intending purchasers to carry out their own independent survey or reports prior to purchase.
All measurements and distances are approximate only and should not be relied upon for the purchase of furnishings or floor coverings.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
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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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 advisors 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.
Area
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FAQ
About 30, Richmond Street, York
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