Immediate rental income with parking and river views near Selby station.
Long leasehold — c.133 years remaining
Let on AST at £850pcm, immediate rental income
Allocated undercroft parking space included
Balcony with river views, vinyl flooring in living area
Service charge £73pcm (£876pa); ground rent £170pa
Sale by public online auction; public notice/repossession flagged
Very high local crime; area classified as deprived
0.25 miles to Selby station; fast broadband and mobile signal
This first-floor Halcyon Building flat offers a straightforward investment opportunity with immediate rental income. The property is let on an Assured Shorthold Tenancy at £850pcm and includes an allocated undercroft parking space and a balcony with river views. Fast broadband and excellent mobile signal support rental demand; Selby station is only 0.25 miles away, improving appeal to commuters.
Buyers should note this sale is by public online auction on 10/12/2025 and there is a public notice/repossession flag on the lot. The property is held long leasehold with approximately 133 years remaining; current outgoings are a £73pcm service charge (£876pa) and £170pa ground rent. The surrounding area is classified as deprived with very high crime rates and a transitional Eastern European neighbourhood profile, which may limit tenant profile and capital-growth prospects.
Internally the flat is average-sized (approx. 62.3 sq m / 671 sq ft) with an open-plan living/kitchen, two bedrooms and a bathroom. The building is modern and low-maintenance, but purchasers should refer to the legal pack for tenancy documents, service charge accounts, and any repair liabilities before bidding. This lot suits investors seeking immediate cashflow and easy management rather than buyers seeking long-term capital appreciation or premium neighbourhood amenities.
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