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See how verdicts work1-bedroom flat · YO31 9PN
Listing removedReduced £5k (−3.3%) on 25 JunListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a highly sought-after area, close to the city centre, this well presented one-bedroom ground floor apartment offers a perfect blend of convenience and modern living.
Offered with no onward chain and an allocated parking space, this is an ideal first home or investment opportunity. Welcome to Russet House.
As you step into the apartment, you are greeted by a welcoming entrance hallway equipped with an entry phone system and doors leading to the living room, double bedroom, and bathroom.
The hallway also features a handy built-in storage cupboard housing the hot water cylinder, and boasts laminated floor.
The open-plan living/kitchen space is bright and inviting, with a double glazed window to the front elevation allowing natural light to flood the living room.
Adjacent to the living room, the kitchen area is well-appointed with two double glazed windows to the side elevation, offering additional light.
It features a range of wall and base units with laminated work surfaces, a stainless steel sink unit with a mixer tap, a built-in electric oven, a ceramic hob with an extractor hood above, and a built-in fridge freezer.
The breakfast bar with laminated work surfaces provides a perfect spot for casual dining. The kitchen is completed with a laminated floor and sunken lights, creating a modern and functional space.
The double bedroom is spacious and comfortable, with a double glazed window to the front elevation.
It includes a built-in wardrobe with mirrored sliding doors, providing ample storage while enhancing the room's sense of space and light.
The bathroom is well designed with a three-piece suite comprising a panelled bath with a shower over it, a low-level WC with a hidden cistern, and a wall-mounted wash hand basin.
The bathroom features fully tiled walls and a tiled floor, complemented by sunken lights, an extractor fan, and a heated towel rail, offering a touch of luxury and practicality.
Externally, the apartment benefits from a communal lawned garden, a communal bike store, and allocated parking.
Lease details: Leave expiry date 01/01/2132 (105 years remaining) Service Charge: £1143.49 Ground Rent: £198.04 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
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 Russet House,3, Birch Close, York
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