Summary - Flat 3 Halcyon, The Waterfront, SELBY YO8 8FE
2 bed 1 bath Apartment
Affordable buy-to-let near Selby station with balcony river views and parking.
Two double bedrooms with open-plan living and kitchen
Riverside balcony with river views and natural light
Allocated off-street parking included
No onward chain — immediate possession possible
Leasehold: 133 years remaining; suitable for long-term investment
Service charge £852 (below average); ground rent £180 (small)
Electric heating only — potential higher running costs
Local area: very high crime and wider area deprivation
An investment-focused two-bedroom apartment with a riverside balcony and no onward chain, offered at £80,000. The property sits on the banks of the River Ouse within easy walking distance of Selby town centre, train and bus stations — convenient for tenants who commute. The building is modern with secure allocated off-street parking and an open-plan living/kitchen that benefits from natural light and double glazing.
Practical details suit a landlord or buy-to-let buyer: a long lease (133 years remaining), a below-average service charge of £852 and a small ground rent of £180. The flat is electrically heated and average in size at around 775 sq ft, making it straightforward to manage between tenancies.
Be clear about the neighbourhood challenges. Local area indicators show high crime levels and wider area deprivation, and the immediate locality is classified as a constrained renters market. These factors will affect rental demand, tenant profiles and potentially insurance and management costs. The property does, however, carry very low flood risk.
Overall this is a sensible, low-entry purchase for investors seeking a centrally located, low-maintenance apartment with clear rental appeal to commuters. Budgets should allow for ongoing running costs linked to electric heating, and investors should carry out their own checks on local lettings demand, safety, and insurance costs before committing.
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