2-bedroom flat · HG4 1QE
For saleListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting new development of five apartments, situated in this fully renovated building, and within walking distance of Ripon’s iconic city centre.
Sympathetically converted with no expense spared, the apartments provide luxurious and stylish accommodation, whilst care has been taken to retain the building charm.
With large windows throughout, the apartments feel particularly light and airy, so are sure to appeal to a variety of purchasers.
The apartments enjoy a superb location, situated close to the centre of Ripon, with amenities and restaurants just a few moment’s walk away.
They are also ideally placed for Ripon’s leisure centre/swimming baths and the 36 bus route. Riverside walks are readily available, whilst the majestic cathedral is also seconds away.
The properties also offer ease of access to the A1(M), ideal for commuters traveling both North and South.
This spacious two bedroom ground floor apartment benefits from its own private entrance, which is rare. Allocated parking is provided to the front of the property, along with an EV charging point.
With affordable service charges, the apartment is also being sold with a 10 year ABC warranty in place, providing luxury accommodation with the security most leasehold properties lack.
Once all the units have been sold, each apartment will own a share of the freehold.
On entering the property through the main entrance door, there is an entrance hall fitted with modern units, providing a handy utility area.
The living accommodation is a fantastic size, with a large cupboard, bay window and a double aspect, flooding the space with natural light.
The kitchen is fitted with a range of stylish units and integrated appliances, including a fan oven, fridge-freezer, dishwasher, induction hob, extractor fan and LVT flooring.
The main bedroom is a generous double with part tiled ensuite facilities, there is a further double bedroom and the bathroom, which is again part tiled and fitted with a white suite.
Neutrally decorated throughout, the apartment presents an exciting opportunity for the purchaser(s) to tailor the property to their personal tastes.
The property is double glazed throughout and benefits from modern electric heating.
Apartments of this quality and finish are rare to market at this price point, whilst the apartment offers great value for money, for anyone looking for ground floor living, in comparison to bungalows and park homes in the area.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Bondgate, Ripon
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