Guide price
£525,000
(£482/sq. ft)
2 bed flat for saleMill Street, York YO1
2 beds
2 baths
1 reception
1,089 sq. ft
Added on
About this property
Inside York’s city walls and a four-minute walk from Clifford’s Tower, this two-bedroom, two-bathroom apartment on Mill Street is one of only 35 homes in the scheme, and every home has private outdoor space, which is rare this close to the centre of York. The living space opens onto it through glazed French doors.
The kitchen is handleless with integrated LED lighting and a full run of integrated appliances, including a washer dryer and dishwasher. Herringbone lvt flooring runs through the living space, the bedrooms are carpeted, and the bathrooms are finished in porcelain wall and floor tiling with a thermostatic shower and heated towel rail. Two bathrooms make the layout work for sharers, a couple with a guest room, or a home office.
For an investor, scarcity is the starting point. Conservation protections and green belt boundaries mean very little new stock is built inside the historic core, and this scheme adds only 35 homes to it, both new build and chain-free. At £525,000, a monthly rent of £2,406 to £2,844 would equate to a potential gross yield of 5.5% to 6.5%, with two bathrooms suiting the sharer and professional tenant market.
The Shambles is a seven-minute walk, York Minster is eleven minutes, and York station is walkable, with direct trains to London in around one hour forty-six minutes.
Mill Street, York
Disclaimer
These particulars are for general guidance only and do not form part of any contract or tenancy agreement. Vale & Mercer has not tested any apparatus, equipment, fixtures, fittings or services and cannot confirm they are in working order. All measurements, distances, floor plans and areas are approximate and should not be relied upon when ordering fitted items or carpets. Prospective purchasers and tenants should satisfy themselves, or obtain independent professional verification, of any information provided. All tenancy applicants are subject to referencing and Right to Rent checks in accordance with the Immigration Act 2014, and any deposit taken will be protected in a government-approved scheme within 30 days of receipt, with the Prescribed Information provided in writing. Photographs may include items not included in the sale or tenancy and may be taken using a wide-angle lens
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Tenure
Leasehold (999 years)
Service charge
£1,719 per year
Council tax band
TBC
Ground rent
Ground rent date of next review
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