An extremely rare opportunity to purchase a substantial dwelling which has been skilfully converted in to three larger than average apartments. The property briefly comprises; a ground floor apartment boasting a large living / dining room, separate kitchen with shaker style units, bathroom with separate w/c and a good sized double bedroom. The first floor apartment boasts; a good sized living / dining room with French doors leading out to a private balcony, modern gloss kitchen and a modern shower room with his and hers sinks. To the second floor is the larger two bedroom apartment split across two floors. Boasting modern open plan living / dining / kitchen area complete with grey gloss units and French doors leading out to a private balcony, a bright double bedroom and a self contained shower room and to the fourth floor is a larger than average bedroom with ensuite three piece bathroom. Each flat has been finished to a high standard and benefits from their individual bike stores and allocated parking. With a combined potential yield of just over 6% and situated within walking distance of York city centre, its an ideal investment and we feel this deserves to be viewed to truly appreciate the size and standard of accommodation on offer. The property is sold as freehold yet each individual flat comes with its own individual lease for ease with re-sale options.
Freehold Purchase Apartments each have the individual lease with a term of 125 years from 1 January 2019 Council Tax Bandings: Flat 1 - Band B Flat 2 - Band B Flat 3 - Band C
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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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