1 bedroom apartment
Key information
Features and description
- For sale by auction on the 26th March 2025
- Guide price £135,000
- Vacant studio apartment
- Former Rowntree factory in historic York
- Excellent internal condition
- Great addition to an investor’s portfolio
- Council Tax band B - EPC rating E
Video tours
Whilst we are unable to confirm if this is accurate, we were able to locate from previous marketing material of the apartment that it generated a gross rental income in 2023 of £31,653.12 which would reflect a 23.44% gross rental return.
The apartment is a short walk to York city centre offering the ideal opportunity for someone looking for a beautifully modernised second home or investment.
Leasehold information:
Lease length - 999 Years from 1st December 2015
Service charge - 1st October 2024 to 31st December 2024 - £203.80
Ground Rent 2024 - £100 per annum.
Rooms
ACCOMMODATION
Ground Floor
Studio living area and shower room
Additional Information
Council Tax
City of York - Band B
EPC Rating
E
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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