# 2 bedroom flat for sale (YO1 6LT) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 4, MERCHANT EXCHANGE, 2, BRIDGE STREET, YORK, YORK YO1 6LT | | Price | £290,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | F | | Construction age | England and Wales: 2003-2006 | | Floor area | 89 m² | | Last sold | £272,500 Jun 2023 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 22/06/2031 - **Current heating cost:** £293/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0700-4377-0622-6022-3693) ## 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. ## Property Photos - ![Picture 1](/listings/photos/88159020/1564036) - Picture 1 - ![Picture 2](/listings/photos/88159020/1564037) - Picture 2 - ![Picture 3](/listings/photos/88159020/1564039) - Picture 3 - ![Picture 4](/listings/photos/88159020/1564040) - Picture 4 - ![Picture 5](/listings/photos/88159020/1564041) - Picture 5 - ![Picture 6](/listings/photos/88159020/1564042) - Picture 6 - ![Picture 7](/listings/photos/88159020/1564043) - Picture 7 - ![Picture 8](/listings/photos/88159020/1564044) - Picture 8 - ![Picture 9](/listings/photos/88159020/1564045) - Picture 9 - ![Picture 10](/listings/photos/88159020/1564047) - Picture 10 - ![Picture 11](/listings/photos/88159020/1564048) - Picture 11 - ![Picture 12](/listings/photos/88159020/1564049) - Picture 12 - ![Picture 13](/listings/photos/88159020/1564050) - Picture 13 - ![Picture 14](/listings/photos/88159020/1564051) - Picture 14 - ![Picture 15](/listings/photos/88159020/1564052) - Picture 15 - ![Picture 16](/listings/photos/88159020/1564053) - Picture 16 - ![Picture 17](/listings/photos/88159020/1564054) - Picture 17 ## Floorplans - ![Floorplan](/listings/photos/88159020/1564055) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/88159020/1564056) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | MERCHANT EXCHANGE, 2 FLAT 4 BRIDGE STREET, YORK, YO1 6LT | £272,500 | 30/06/2023 | Flat | | MERCHANT EXCHANGE, 2 FLAT 4 BRIDGE STREET, YORK, YO1 6LT | £235,000 | 22/06/2010 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £296,783 (23 Flat, YO1, 2024–2026) - **Deviation:** -2.3% ## Rental Range *ONS Price Index of Private Rents (York). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,067/mo - **Realistic:** £1,186/mo - **Optimistic:** £1,305/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for York (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## 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, Ancress Walk, YO23 | £1,250/mo | 2 | 0.32 miles | OpenRent | **Average rent: £1,250/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.43% (weak for cashflow) - **Max investor price (0.8%):** £156,250 - **Target investor price (1%):** £125,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,250/mo).* - **Gross yield:** 5.2% - **Cost-to-rent:** 19.3× - **Monthly cashflow:** £-42/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £3,258/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -6.4% - **10y growth:** 22.1% ## House Price Index (HM Land Registry) *Official index for York; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -1% - **5y growth (index):** 2.7% - **10y growth (index):** 22.5% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)