For sale Flat

FLAT 4

MERCHANT EXCHANGE, 2, BRIDGE STREET, YORK, YORK YO1 6LT

2 beds 2 baths 958 sq ft Listed 7 May 2026 (-86d)

£290,000

Reduced on 2 Jul 2026

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Property details

Tenure

LEASEHOLD

Floor area

89 m²

Council tax band

F

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£272,500 Jun 2023

Price per m²

£3,258/m²

Local average

£296,783 (-2.3%)

Deprivation

Decile 5 (15,353 of 33,755)

Street crime

736 incidents within 1 mile (May 2026)

Key features

  • Spacious City Centre Apartment
  • Two Generous Double Bedrooms
  • Large Open Plan Living Space
  • Balcony with Views Down to River Ouse
  • Bathroom with En-Suite to Primary Bedroom
  • Outside Communal Courtyard
  • Situated in the Heart of the City
  • Easy Access to Railway Station
  • Secure Underground Parking
  • No Forward Chain

Additional details

Parking
Allocated

Description

A fabulous two bedroom apartment set in an unrivalled city centre location and featuring a significant open plan living space which opens onto a balcony, with views over the neighbouring River Ouse.

Part of a hugely popular development which offers a central communal courtyard, the property is just a short stroll from all the attractions and amenities the city has to offer including the railway station. The property also benefits from a secure allocated parking space which links straight onto Skeldergate, and onto the inner ring road.

The apartment can be reached via a pedestrian entrance on Bridge Street and an impressive communal hallway then leads through to either a lift or staircase, which rises up to the courtyard level. Once inside the apartment begins with a private hallway with access to a useful storage cupboard, housing the central heating boiler. The centrepiece of the home is the superb open plan lounge/diner and fitted kitchen. Bathed in light from south facing windows a sliding doors leads onto the balcony with a view across the river. Back inside the room has ample space for living and dining and the kitchen offers a range of wall and base units, an island and various built-in appliances. A viewing is essential to appreciate the space available within the room. The accommodation continues with a primary bedroom with access to an en-suite shower room. There is a second double bedroom and finally a three piece bathroom. The property also has the advantages of gas central heating and double glazing throughout.

Outside the property is the delightful communal courtyard which sits at the centre of the development. The secure allocated parking space is place on the ground floor of the building, with an exit onto Queens Staith Road.

The property is connected to a mains gas supply, a main electricity supply and mains water is supplied by Yorkshire Water. The broadband types available in the area are standard and ultrafast. Mobile availability at the property is covered by all four major suppliers. Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile. For details on any potential flooding risk to the development, please contact the office or check the government long term flood risk website.

This is a leasehold property. The lease is 999 years from 1/1/2024. The ground rent is £150 per annum. The service charge is £991 per quarter.

Communal Hallway
Secure entrance door leading to spacious communal hallway and either staircase or lift to the courtyard level.

Entrance Hall
Entrance door, video entry system, radiator and storage cupboard housing central heating boiler and consumer unit.

Lounge/Diner and Open Plan Kitchen 23'9" x 24'10" (7.24m x 7.57m)
Windows to front elevation, three radiators, built-in cupboard and sliding door leading to balcony.

Fitted Kitchen offers wall and base units, work surfaces, sink, built-in oven, hob, extractor, slimline dishwasher, microwave, island unit and spaces for washing machine and fridge/freezer.

Bedroom 1 11'11" x 10'10" (3.63m x 3.3m)
Window to rear elevation and radiator.

En-Suite
Three piece suite with shower cubicle, sink, W.C. and heated towel rail.

Bedroom 2 10'6" x 9'1" (3.2m x 2.77m)
Window to rear elevation and radiator.

Bathroom
Three piece suite with bath, sink, W.C. and heated towel rail.

Exterior
Communal courtyard and secure allocated parking space.

Material Information
Leasehold.
Council tax band F.

Listed by

York

The Lomond Group

Reference: 88159020

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 23/06/2021

Expiry date: 22/06/2031

Current heating cost: £293/year

Potential heating cost: £293/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

16% since 2010

Event Date Price % change
Listed for sale £290,000 +6.4%
Sold 30/06/2023 (3 years ago) £272,500 +16%
Sold 22/06/2010 (16 years ago) £235,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
140 CENTURION SQUARE, YORK, YO1 6DE £380,000 15/12/2025 Flat
QUEENS COURT 7 FETTER LANE, YORK, YO1 6EH £215,500 01/12/2025 Flat
127 CENTURION SQUARE, YORK, YO1 6DE £255,000 31/10/2025 Flat
61 CENTURION SQUARE, YORK, YO1 6DP £205,000 24/11/2023 Flat
CONSTANTINE HOUSE 2 FETTER LANE, YORK, YO1 6DF £215,000 05/09/2023 Flat
73 CENTURION SQUARE, YORK, YO1 6DP £180,000 28/03/2023 Flat
133 CENTURION SQUARE, YORK, YO1 6DE £250,000 15/03/2023 Flat
MERCHANT EXCHANGE, 2 FLAT 12 BRIDGE STREET, YORK, YO1 6LT £385,000 29/11/2022 Flat
119 CENTURION SQUARE, YORK, YO1 6DE £239,000 21/10/2022 Flat
WOODSMILL QUAY 28 SKELDERGATE, YORK, YO1 6DX £290,000 31/08/2022 Flat
131 CENTURION SQUARE, YORK, YO1 6DE £267,500 19/08/2022 Flat
11 CENTURION SQUARE, YORK, YO1 6DP £168,000 15/08/2022 Flat
9 CENTURION SQUARE, YORK, YO1 6DP £182,000 11/08/2022 Flat
WOODSMILL QUAY 10 SKELDERGATE, YORK, YO1 6DX £150,000 05/08/2022 Flat
33 CENTURION SQUARE, YORK, YO1 6DP £270,000 22/06/2022 Flat
WOODSMILL QUAY 33 SKELDERGATE, YORK, YO1 6DX £312,000 20/05/2022 Flat
31 CENTURION SQUARE, YORK, YO1 6DP £257,500 14/04/2022 Flat
WOODSMILL QUAY 6 SKELDERGATE, YORK, YO1 6DX £175,000 08/04/2022 Flat
117 CENTURION SQUARE, YORK, YO1 6DE £195,000 31/03/2022 Flat
71 CENTURION SQUARE, YORK, YO1 6DP £260,000 03/03/2022 Flat

Area average: £242,575 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -11.5%
10y growth 22.1%

House Price Index (HM Land Registry — official index, not sold-price averages): York. Series: Flats and maisonettes. As of April 2026.

1y (index) -1%
5y (index) 2.7%
10y (index) 22.5%

Rental Range

Estimated market rent for York. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,067/mo
Realistic £1,186/mo
Optimistic £1,305/mo

Based on Local Authority from postcode lookup → York.

LHA (30th percentile) floor for York: £773/mo (Apr 2025 – Mar 2026)

Location

Address

Skeldergate

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Unknown 0.0 miles
Shop Mortgage Advice Service 0.0 miles
Bus stop Micklegate 0.1 miles
Train station York 0.4 miles
Train station Unknown 0.6 miles
University Fairfax House 0.8 miles
Hospital St Helen's Rehabilitation Hospital 1.3 miles
University Astrocampus 1.4 miles
Hospital Unknown 1.7 miles

Street-level crime

Category Count
Violence and sexual offences 226
Anti-social behaviour 172
Shoplifting 125
Public order 46
Criminal damage and arson 39
Other theft 33
Drugs 23
Bicycle theft 20
Robbery 14
Burglary 13
Vehicle crime 11
Possession of weapons 9
Other crime 3
Theft from the person 2
Total incidents 736

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Scarcroft Primary School Primary 0.4 miles Good — 5 Dec 2022
Fishergate Primary School Primary 0.5 miles Good — 4 Dec 2017
Bootham School Other 0.5 miles (No rating)
All Saints Catholic School York Secondary 0.6 miles Outstanding — 19 Nov 2024
St Wilfrid's Catholic Primary School - a Catholic Voluntary Academy Primary 0.6 miles Good — 7 Feb 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Fetter Lane, YO1 £1,700/mo 2 0.04 miles OpenRent
2 Bed Flat, Ancress Walk, YO23 £1,250/mo 2 0.32 miles OpenRent
2 Bed Flat, Heworth House, YO31 £1,495/mo 2 1.19 miles OpenRent

Average rent: £1,482/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%
Max investor price (0.8%) £186,875
Target investor price (1%) £149,500
Gross yield 6.2%
Cost-to-rent ratio 16.2×
Monthly cashflow £178/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).