1-bedroom flat · DL8 1FB
Sold STCListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and bright ONE BEDROOM apartment positioned in a quiet spot on the ground floor not far from the communal entrance of this exclusive development for the over 60's.
The property is close to the comprehensive communal facilities and the accommodation comprises of a hallway with a store cupboard, Sitting room opening into the South facing communal garden, kitchen, a SHOWER ROOM plus the DOUBLE BEDROOM.
The Property - Located just into the development from the communal entrance, this excellent apartment opens into a hallway which has a useful store cupboard and doors to all rooms.
The sitting room offers a spacious bright space which can accommodate dining and sitting room furniture and has a door opening out into the South facing communal gardens.
Off the sitting room is the kitchen which has a range of wall and base units, integral appliances including an electric oven and hob, fridge and freezer.
There is also a stainless sink under a double glazed window looking out over the communal gardens.
The double bedroom has a fitted wardrobe with mirror fronted folding doors and has a range of hanging space and shelves.
The shower room has a large step in shower with glazed screen and sliding doors, a low-level WC and a washbasin set into a vanity unit.
There is also an extractor fan, electric towel rail and mainly tiled walls.
The property is served by double glazed windows and electric night storage heaters and has a range of communal facilities including: Call points in every room for direct contact with the House Manager and there is emergency 24-hour Careline cover.
Residents Lounge with kitchen facilities.
Guest Bedroom with Ensuite Shower Room Laundry Room Refuse Room There are attractive well stocked landscaped gardens surrounding the property for the use of the residents.
There is on-site residents parking. Location - Bedale is a market town and civil parish in the district of Hambleton, North Yorkshire.
Listed in the Domesday Book as part of Catterick wapentake, markets have been held in the town since 1251 and the regular Tuesday market still takes place today.
The town has a range of schooling opportunities for children up to the age of 16 years and also boasts a leisure centre with a swimming pool and gym, a football club, golf club and being the gateway to the Yorkshire Dales, there are plenty of scenic walks and country pursuits close by too.
Bedale has excellent road links including the new bypass, and Junction 51 of the A1M provides access to the national motorway network.
Other transport links close by are the main line railway station in Northallerton, Durham Tees Valley and Leeds Bradford airports are both within an hour’s drive away.
General Notes - Viewing - by appointment with Norman F. Brown. Local Authority – North Yorkshire Council Tel: Council Tax Band – B Tenure – We are advised by the vendor that the property is Leasehold.
Lease Details - 125 years from 01.03.2006.
Service Charge - £3528.80 pa Ground Rent - £395 pa Construction: Standard Conservation Area - No Utilities Water – Mains (Yorkshire Water) Heating: Electric Night Storage heaters Water – Immersion Heater Drainage: Mains Broadband: Checker: Mobile: Signal Checker visit Flood Risk: Has the property ever suffered a flood in the last 5 years – yes o Restrictive Covenants: AML Policy (When an offer is accepted): In accordance with The Money Laundering Regulations 2017, we are required by law to: •Verify the identity of all buyers •Check the Politically Exposed Persons and •Check the Sanctions registers.
•Verify proof of and source of funds for the purchase - What form that takes depends on your position, but we ultimately need you to provide to us (in the office or via email) evidence of the funding you have in place for the purchase price.
That may include proof of deposit, an Agreement in Principle from a lender or if you are a cash buyer, a Bank Statement.
The cost of the Identity verification, PEP & Sanctions register checks are £15 for one person and £25 for two people.
We will send you a link to the Guild 365 app (which you will need to download) to complete this.
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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