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See how verdicts work2-bedroom flat · YO51 9PB
Sold STCListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** NO ONWARD CHAIN *** A 2 bedroom ground floor flat exclusively for the over 55's, within walking distance to the Boroughbridge Town Centre and positioned as such that it has an outlook towards the Weir and the River Ure.
Additionally, the flat is available with no onward chain.
Accommodation - The property is entered into an entrance hall which in turn leads on to the main hall which is fitted with laminate wooden flooring.
The main hall features a deep storage cupboard currently fitted with shelving and also a useful airing cupboard.
The sitting room features laminate wooden flooring and is positioned towards the rear of the property which benefits from views over part of the communal garden and towards the weir.
Leading off the sitting room is the kitchen which features a range of high and low level matching storage cupboards to three sides, with sink & dish drainer and stylish emerald green tiled splashbacks.
The kitchen has a range of integrated appliances to include an electric four point hob, oven, fridge and washing machine. There is also freestanding space for a freezer and a tumble dryer.
Both bedrooms are located toward the front of the property, with the principal bedroom featuring a fitted wardrobe with sliding doors and internal elements to include separate shelving, drawers and hanging rails.
The second bedroom is a single bedroom with fitted shelving.
Finishing off the accommodation is the house bathroom which is fitted with vinyl flooring and benefits from surrounding full height tiled splash backs.
The house bathroom includes a low flush WC, a wash hand basin with cupboard beneath and an enclosed shower cubicle with sliding glass door.
To The Outside - Externally, there are communal gardens to the front, and off street parking on a first come first serve basis.
The property is well positioned within Boroughbridge and benefits from being within walking distance to the High Street.
Energy Efficiency - The property's current energy rating is C (75) and has the potential to be improved to an EPC rating of C (77).
Additional Information - Tenure: Leasehold Services/Utilities: All mains and services are understood to be connected.
Broadband Coverage: Up to 76* Mbps download speed Council Tax: B - North Yorkshire Council Current Planning Permission: No current valid planning permissions *Download speeds vary by broadband providers so please check with them before purchasing.
Leasehold Details - Starting Year of Lease : 1988 – 99 year lease Years Remaining on Lease : 62 years Service Charges : £1,152 per annum (£288 per quarter) – Reviewed annually Ground Rent : £10 per annum
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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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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About Minerva Court, Boroughbridge
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