1-bedroom flat · HG4 2QT
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom first floor appartment conveniently located within walking distance of the city centre, the property offers easy access to Ripon’s wide selection of shops and restaurants, making it an excellent choice for both owner-occupiers and investors alike.
- GREAT LOCATION CLOSE TO THE CITY CENTRE - IDEAL FOR FIRST TIME BUYERS - IDEAL BUY TO LET The bright, open living area features an exposed wooden beam and wooden flooring throughout the living room, a charactoristic archway leading to a well appointed kitchen with a range of wall mounted and base units including integrated eye- level oven, a hob, washing machine.
An inner hallway benefits from an airing cuppbord housing a hot water system, leading onto a generously sized double bedroom with wooden flooring and a large bay window.
A half tiled house bathroom with a shower and wall mounted storage. there is an electric heating system and double glazing throughout.
The property is conveniently located within walking distance of the city centre, the property offers easy access to Ripon’s wide selection of shops and restaurants.
Tenure: Leasehold | 963 yrs left Service charge: £1078 PA With beautiful surrounding countryside and excellent links to Harrogate and York, this location perfectly balances lifestyle and accessibility.
Given the excellent location this would make an ideal purchase for both first time buyers and rental investors alike.
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
Agent & docs
FAQ
About Somerset Row, Ripon, North Yorkshire
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