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Princess Road, MALTON

Yorkshire

£690,000
Listed on 30/12/2025

Property Details

Bedrooms
12
Type
Detached house

Description

This auction presents a unique chance to acquire a portfolio of 12 self-contained one-bedroom flats, strategically located in the desirable town of Malton, Yorkshire. Comprising three separate properties, each containing four flats, this offering is ripe for renovation and investment. All units will benefit from modern upgrades to enhance their appeal in a marketplace characterized by strong rental demand. With essential features like UPVC double glazing and gas central heating already in place, potential investors can focus on interiors that require some refurbishment to align with current housing standards. The proximity to local amenities—including grocery stores and healthcare facilities—adds to the attractiveness for future tenants. Additionally, Malton's excellent transport links, providing access to the A64 and surrounding attractions, further enhance the investment potential of these properties. Post-renovation, these flats could yield significant returns whether retained as rental units or sold individually.

Investment Analysis

(YO17 area)
Area Average
£270/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £180,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (YO17)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -5.9%
5 year growth: 9.6%
Investment Disclaimer: Analysis based on YO17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Princess Road, MALTON
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,528
Based on a loan of £517,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE