Flaxley Road, Selby, North Yorkshire, YO8

23 Existing Income-Producing Flats: Currently generating a gross rental income of £128,280 from fully let third and fourth-floor apartments.

Detailed Planning Consent: Approved for an additional 18 residential flats and 2 commercial units on the ground, first, and second floors, with potential additional gross rental income of circa £150,000. Pre-Start Conditions Met: All pre-start planning conditions discharged.

Future Development Potential: Possibility for another 8 flats, 2 duplexes, and car park development, subject to planning consent


Planning Decision: No 2019/0961/FULM, issued by Selby District Council on 24 June 2022. Further planning information is available upon request.

Selby Overview:
Selby is a historic market town in North Yorkshire with a population of 19,760 (UK Census 2021). It offers a variety of amenities, including local retailers, supermarkets, leisure activities, and the historic Selby Abbey. The town is well-connected via the A19 and A63, providing access to York, Leeds, and Doncaster, and has a railway station with routes to major cities.

Leisure and Amenities: Selby boasts numerous sports and leisure facilities, including Selby Leisure Centre, Selby Park, and scenic walks along Selby Canal and The Humber Estuary. The town also features Selby Town Hall, a renowned performing arts centre.

This is a rare and exciting opportunity to acquire a high-yielding residential investment with significant expansion potential.