2-bedroom flat · YO10 5EX
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the leafy surroundings of Heslington Court, this well presented two bedroom first floor apartment forms part of a community of 28 apartments for residents aged 55 and over.
Close to Heslington village and regular bus links to York, the development supports independent living with a resident manager on site five days a week and a Tunstall emergency response system.
An entrance hall leads upstairs to a landing with storage, loft access and a door entry system. The generous lounge has a front facing window and walk in cupboard.
The Kitchen is fitted with a range of wall and base units. There are two bedrooms, with the principal bedroom to the rear.
The second could serve as a dining room and has French doors opening onto a Juliet balcony. A family bathroom offers a walk in shower, W.C and sink.
Residents enjoy communal gardens, a lounge and laundry room, with laundry facilities included in the service charge. On street parking is available.
Shared ownership: 70% interest purchased, with the remaining 30% supported by a government grant.
Leasehold: A new 60 year lease will be issued to a new purchaser on a successful application with jrht. Ground rent: £0, fixed. Service charge: £2,124 per annum.
Anti-Money Laundering Compliance We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors.
These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed.
If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks.
We use a partner supplier MoveButler, to carry out these checks on our behalf.
They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely.
There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks..
This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances.
Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.
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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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 Heslington Court, York
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