PERIOD TERRACE PROPERTY CONVERSION

To view the property contact Hunters York Branch – Tel: 01904 621026
Due to the retirement of the current owners, we are delighted to offer to the market this superb investment opportunity of two award winning, luxury holiday conversion apartments located in the extremely sought after and well-placed Holgate area of York. Situated within easy access of York’s history city centre and within half a mile of York station the beautifully presented and charming accommodation offers a perfect base for those exploring the city and all its attractions or the surrounding Yorkshire countryside. The period terrace property which was originally the blacksmiths shop has been skillfully converted into a one and two bedroomed apartments which comprise:
Number 50A (approximately 730 sq. ft. of internal living space), is a one bedroom ground floor apartment and currently lets for £89.00/night low season and £100 high season and has accommodation briefly comprising: entrance hall with tiled limestone floor, understairs storage cupboard, utility room which is plumbed for washing machine, shower room, cottage style dining kitchen with fitted base and wall units with polishes granite preparation surfaces, Belfast sink, electric cooker with extractor fan hood, integral dishwasher, built-in larder cupboards, limestone tiled floor and stable door to inner courtyard, spacious lounge, double bedroom with built-in wardrobes and French doors to rear enclosed courtyard garden with pedestrian access at the rear.
Number 50 (approximately 950 sq. ft. of internal living space), is a two bedroomed apartment over two floors and currently lets for £139.00/night low season and £200 high season and has accommodation briefly comprising, Cottage style breakfast kitchen with fitted base and wall units with granite preparation surfaces, integral SMEG oven, four-ring hob and extractor fan hood, integral SMEG dishwasher, fridge and freezer, Belfast sink and door to inner courtyard. Stairs to first floor galleried landing, dining room with built-in wall mounted cupboards, inner hallway, four-piece period style bath and shower room with roll top free standing bath and high flush WC, lounge with feature fireplace, French doors to roof terrace with iron railings to perimeter. From the galleried landing there is also access to two double bedrooms, bedroom one with built-in glazed display cabinets and built-in wardrobes, bedroom two has fitted wardrobes. Outside to the front is a block paved courtyard which is accessed via double iron gates and offers parking for two cars.

The Auction team recommend that all elements of the legal pack are inspected by those wishing to bid and their legal advisors.
NOTE FOR BUYERS:
Traditional Online Auction Information
Please note: this property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
Fees:
On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day.
There is an additional buyer premium of £2,400 (incl. VAT) which will be charged immediately online.
Pricing Information:
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
Exchange takes place instantly and the successful buyer has 28 days to complete the purchase.