3-bedroom flat · HG3 5HL
Listing removedListed 65 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no deposit option available** A spacious three bedroom, two bathroom ground floor apartment forming part of an attractive mill conversion with fabulous views, located in an idyllic rural setting only 5 mins drive from Pateley Bridge.
Located close to a good range of amenities in Pateley Bridge including a primary school, swimming pool, children's playground and larger supermarkets with further amenities available in Ripon and Harrogate.
The apartment is available unfurnished and comprises of; private entry door & porch, spacious lounge/dining room, breakfast kitchen with fridge freezer, electric hob, oven and dishwasher, main bedroom with en-suite, two further double bedrooms and a further bathroom.
Externally there is parking in the residents car park for one vehicle. Further benefits include lpg Gas Central Heating & Double Glazing.
No deposit option Deposit: £1030.00 Energy Efficiency Rating: E Council Tax Band: B Services - Mains water supply & sewerage Utilities - Mains electric & lpg gas Heating - lpg Gas central heating Please check the Ofcom website for mobile and broadband coverage.
Once you have been provisionally accepted by the landlord (subject to references and contract) the Holding Deposit becomes payable.
It will not be returned should you provide false or misleading information, fail a Right to Rent check, unilaterally withdraw your application or fail to take all reasonable steps to enter into a tenancy agreement within the agreed timescale.
The Holding Deposit will be one week’s rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Apartment, 2, The Watermill, Pateley Bridge
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