For Sale By Auction | 12:00, 26 March 2025 | Lot 32

25 Cocoa Suites, Navigation Road, York, North Yorkshire YO1 9AE

*Guide | £135,000 (plus fees)

  • Apartment
  • 1 Bedroom

Call the team on 0113 393 3482 for more information

Auction Date

Wed 26/03/2025

Auction Time

12:00

Auction Venue

Live Stream

This high standard studio apartment in a prominent York location is offered for sale via traditional auction. Whilst the apartments can be used as a permanent residence they are primarily let out as short term/holiday lets. 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 Ground Rent 2024 - £100 per annum.

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.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.