2-bedroom flat · YO18 7AW
Listing removedListed 146 days · slow let
Opportunity summary
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About
A two bedroom apartment set over two floors located in Pickering town centre. Gas Central Heating and on street parking. Available to let on an Assured Periodic Tenancy.
THE ACCOMODATION COMPRISES MAIN ENTRANCE DOOR Stairs to:- ENTRANCE DOOR HALL Stairs off. Radiator. Thermostat. Telephone point.
SITTING ROOM 4.0m (13'1") x 3.50m (11'.5") Fireplace with timber mantel and electric fire. Television point. Radiator. Picture rail.
KITCHEN 3.0m (9'8") x 2.5m (8'2") Range of floor and wall units including single drainer stainless steel sink unit. Beko electric oven. Cooker Lewis ceramic hob with extractor over.
Fitted cupboards with shelving. Washing machine point. Radiator. FIRST FLOOR LANDING Loft access point. BEDROOM ONE 5.30m (17'4") x 3.5m (11'5") Radiator.
BEDROOM TWO 3.8m max x 3.30m max Fitted cupboard. Radiator. BATHROOM & WC 2.0m (6'6") x 1.9m (6.2") White suite comprising bath, pedestal basin and low level WC. Shower over bath. Radiator.
GENERAL INFORMATION Services: Mains gas, electricity, and drainage. Council Tax: Band A The property is available to let on an Assured Periodic Tenancy.
The rent is £625.00 payable monthly in advance and a deposit/ bond of £700.00 will be required before the commencement of the Tenancy.
In addition to the rent the tenant will be responsible for all other outgoings.
APPLYING FOR THE PROPERTY After viewing the property, please complete an application form which can be obtained from our office or printed off of our website.
Once completed, the form is to be returned to Bulmers Letting, 19 Wheelgate, Malton, YO17 7HT and your application will be discussed with the landlord.
APPLICATION APPROVAL If the landlord chooses to proceed with your application, an ‘Application to Rent’ form must be completed by each applicant and a holding deposit may be taken at a maximum of one week’s rent in accordance with the Tenant Fee Act 2019.
Council Tax Band: Holding Deposit: £140.00
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
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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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