1-bedroom flat · YO30 7EA
For saleReduced £10k (−3.6%) on 12 JunListed 387 days
Opportunity summary
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About
Superb location for this immaculate apartment with the benefit of a lift, private parking, communal garden and no onward chain. Pleasantly positioned in the tree-lined residential street of St.
Olaves Road, this one-bedroom apartment sits elevated on the first floor of The Garth.
Originally built in 1886, The Garth now comprises seven apartments, all of which own a Share of Freehold, have a secure entry phone system, lift access, and well-kept communal areas to enjoy.
It is an ideal lock up and leave home.
Entrance hall, sitting/dining room, kitchen, bedroom, bathroom, cloakroom Private parking space, communal gardens Additional Information - Large windows allow natural light to flood into the sitting/dining room.
The immaculate kitchen is fully fitted with a gas hob, electric oven, microwave, fridge, freezer, washer/dryer and a slimline dishwasher.
The sizeable bedroom looks out over the rear and has a smart en suite bathroom with floor to ceiling tiles. There is also a separate cloakroom.
Outside - The tarmacadamed driveway leads around to the back of The Garth where the private, allocated parking space for the property is located.
Behind the wrought iron railings and down a few steps, is the charming communal garden.
A central lawn is bordered by fully stocked, colourful borders of plants and there is a small patio area for residents to sit out and enjoy.
There is a secure brick-built bike store and neatly hidden behind some wooden trellis is the communal bin area.
Environs - York City Centre 0.7 miles, York Railway Station 0.9 miles, York Ring Road 2 miles St.
Olaves Road is a leafy residential street that lies perpendicular to Bootham, only a leisurely amble from the medieval walls that enclose the city centre.
A few minutes’ walk from the property is a Sainsbury’s Local, delicatessen and local baker, and the mainline railway station lies a short stroll across the pedestrian bridge.
For dog owners and keen cyclists, there are miles of riverside walks and cycle paths to Clifton Ings, Rawcliffe Country Park and far beyond. General - Tenure: Share of Freehold.
Leasehold term of 150-years from 2004. The Garth is managed by Mulberry Property Management. There is no ground rent payable, the service charge is £1,945.68 per annum.
Services: Mains water, electricity, drainage, and gas central heating.
Council Tax Band: C EPC Rating: B Local Authority: City of York Council Fixtures & Fittings: Only those mentioned in these sales particulars are included in the sale.
All others, such as fitted carpets, curtains, light fittings etc., are specifically excluded but may be made available by separate negotiation.
Viewing: Strictly by appointment Directions: Turning off the A19, down St. Olaves Road, The Garth is the first detached building on the right-hand side.
what3words: ///spot.leans.pulled Money Laundering Regulations: Prior to a sale being agreed, prospective purchasers are required to produce identification documents to comply with Money Laundering regulations.
Your co-operation with this is appreciated and will assist with the smooth progression of the sale.
Photographs, particulars and showreel: June 2024 NB: Google map images may neither be current nor a true representation.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About The Garth, St. Olaves Road, York
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