Summary - WOODSMILL QUAY 3 SKELDERGATE YORK YO1 6DX
2 bed 1 bath Flat
Compact two-bedroom unit with immediate rental and holiday-let potential.
Short-term holiday lets permitted in development
A two-bedroom apartment in Woodsmill Quay, positioned within York city centre and the converted mill waterfront. The raised ground-floor flat offers a well-proportioned lounge, fitted kitchen, two bedrooms and a three-piece bathroom — all set in a characterful brick building with large windows and modern flooring. Short-term holiday lets are permitted, making the flat suitable for mixed-use rental strategies.
This unit is offered with a tenant in situ, presenting immediate income potential for investors. Its central location is close to the railway station, local amenities and riverside attractions, supporting both long-term lets and short-stay demand. The apartment benefits from double glazing and electric storage/panel heating, and broadband and mobile coverage are strong in the area.
Buyers should note important negatives: there is a high flood risk for the location and the local crime level is recorded as very high. The property is leasehold with around 101 years remaining, an annual ground rent of £386.76 and an average service charge of £2,199.20 per year. Heating is electric, which can mean higher running costs compared with gas heating.
Overall, this compact, city-centre flat suits investors seeking an urban rental or holiday-let opportunity who are comfortable managing flood risk and elevated service and running costs.
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