Ready-to-go, income-producing one-bedroom flat near York Minster — ideal for short-stay investors..
Recently refurbished one-bedroom ground-floor apartment with high ceilings and bay windows
Proven short-term let trading history with peak gross income >£30,000
Share of freehold; 243 years remaining on the lease
Service charges circa £1,929 pa; ground rent £0
No private garden; only a small railed forecourt
Solid-brick construction (no assumed wall insulation) — potential energy improvements needed
Paper parking permit for guests; on-street parking only
No current planning permissions for alterations or change of use
A well-presented one-bedroom ground-floor apartment on Bootham Terrace, moments from York’s city walls and key attractions. Recently refurbished and trading successfully as a short-term let since 2019, the flat offers high ceilings, large bay windows, wood floors and a smart open-plan living/kitchen/dining layout that consistently appeals to holiday guests and business visitors alike.
The property is offered with a proven trading history: peak gross income exceeded £30,000 in top years and typical net returns have been in the region of £13,000–£16,000. Practical features that support short-stay operation include easy street-level access with just shallow steps, a paper parking permit for guests, excellent broadband and a communal linen cupboard in the basement for efficient turnover management.
Buyers should note a few material points: the ownership is a share of freehold, the apartment sits in a solid-brick Victorian terrace (walls likely uninsulated), and there is no private outdoor space beyond a small railed forecourt. Annual service charges of around £1,929 are payable and there is currently no valid planning permission for change-of-use or extension. The apartment is registered for business rates (100% rebate currently applies).
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