1-bedroom flat · YO17 9RE
Sold STCListed 455 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-located, one-bedroom ground floor flat enjoying a pleasant open outlook, together with allocated parking.
1 Station Way is a well laid out ground floor apartment situated in an incredibly convenient location for accessing both Malton town centre and the railway station, which is just a two-minute walk away.
The property forms part of a small block of just 6 flats and is approached via a communal entrance hallway into a private entrance hall which gives access to a spacious ‘L’ shaped lounge/dining room, fitted kitchen, a double bedroom, bathroom and WC.
All windows are uPvc double-glazed and there is Economy 7 heating throughout. Externally, 1 Station Way benefits from an allocated parking space.
The property might now benefit from a cosmetic refresh but enjoys a lovely open outlook and will be equally appealing as either a manageable retirement property, or first-time home.
The property carries the balance of a 999-year lease and is offered for sale with a share of the Freehold, too.
Located just over the river from Malton, the flat fronts onto Riverside View, and can be easily identified by our For-Sale board.
Malton is a popular and well-served market town located approximately 18 miles north of York and has in recent years gained a reputation as Yorkshire’s food capital.
Named by The Sunday Times as one of the best places to live, the town enjoys excellent transport links; the railway and bus stations are both a short walk away.
A full range of amenities can be found within Malton, including a GP surgery, a variety of eateries, independent and high street retailers and leisure facilities.
Communal Entrance Hall Staircase to the upper floors. Front door opening into: Private Entrance Hall Intercom entry phone. Coving.
Airing cupboard housing the hot water cylinder with electric immersion heater. Fuse box. Coat hooks.
Lounge / Dining Room 18' 1'' x 15' 5'' (5.5m x 4.7m) (max) Feature fireplace with painted surround. Coving. Television point. Telephone point. Two casement windows to the front.
Two electric radiators. Kitchen 7' 10'' x 7' 7'' (2.4m x 2.3m) Range of kitchen units incorporating a stainless steel single drainer sink unit, electric oven, ceramic hob and extractor hood.
Automatic washing machine point. Casement window to the side. Double Bedroom 11' 6'' x 10' 6'' (3.5m x 3.2m) Television point. Casement window to the rear. Electric radiator.
Bathroom & WC 7' 10'' x 5' 11'' (2.4m x 1.8m) (max) Matching suite comprising bath with shower over, wash basin and low flush WC. Half tiled walls. Electric shaver point. Extractor fan.
Casement window to side. Wall-mounted electric fan heater. Outside One designated parking space and a small area of communally maintained gardens.
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.
Area
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FAQ
About 1, Station Way, Norton, Malton
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