We are delighted to offer this newly completed one bedroom apartment comprising of open plan kitchen, dining and living space, double bedroom, shower room and utilities cupboard to the market. The apartment is located on the ground floor of the building, and along with three other apartments benefits from a private entrance.
The property is being offered on a leasehold tenure, with a new 250 year term. The service charge is £1,000 per annum and there is no ground rent payable.
There are many benefits to purchasing a brand new property as an investor with one of the key benefits being the low ongoing maintenance costs which lead to a higher and more consistent cashflow.
Gateway 2 was originally built as offices, however, the developer, Helmsley Group, had the vision to develop the building into much needed residential apartments and working with Artium Construction, the head contractor have done so adhering to the current, very stringent building regulations particularly those set out for green, sound and fire standards.
Each of the apartments that we have available have an allocated parking space, a huge benefit as most city centre apartment do not come with parking and are paid for as an extra at a cost of around £25,000 per space. In addition, for our investor clients, ‘Serviced Accommodation’ units in the city rarely have on site parking which makes this investment opportunity so appealing and valuable! In our experience lots of guests that visit York travel in cars and being able to offer on site parking will set your property apart from competitors.
This brand new home is now finished and ready to move into!
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