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See how verdicts work1-bedroom flat · YO31 8AE
Listing removedListed 486 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHECK OUT MY INTERACTIVE 360 VIRTUAL TOUR DOUBLE BEDROOM - OPEN PLAN LIVING KITCHEN - BOSCH APPLIANCES - EV PARKING SPACE - CONCIERGE SERVICE - NO FORWARD CHAIN Indigo Greens are proud to offer to the market this fabulous second floor apartment within the award winning development of Cocoa Works, formerly the home of Rowntree Factory, preserving the heritage of one of the most iconic and prestigious buildings in York.
The really well proportioned apartment briefly comprises: open plan Lounge/Kitchen with integral Bosch appliances, double Bedroom and a three piece Bathroom suite.
There is also a larger than expected Storage/Utility Cupboard which houses hot water system.
The apartment has a modern Mechanical Heat Recovery Ventilation system to help with moisture in the air whilst cooking or showering.
The apartment is offered in excellent condition and is only being offered to the market due to a job relocation.
On-site is a Concierge service, a co-working space, restaurant and Community Pavilion as well as a lawned communal garden with play area.
The property also benefits from an allocated parking space that is able to charge an electric vehicle. This is a great apartment that really does need to be viewed to be fully appreciated.
Simon Says "In the highly sought after and award winning development of Cocoa Works in the former home of Rowntree factory close to York city centre, with a concierge service, on-site amenities and an allocated EV parking space...
Offered with No Forward Chain!" The following information was supplied by the vendors at the time of listing.
At the time of the listing the below were reported by the vendor as current: Lease Term: 999 years from 18th June 2024 Ground Rent: £0 Service Charge/ Maintenance Fee: £1952.93PA Management Company: Urban Bubble This apartment is Located on 2nd Floor.
Please Note: No Holiday Lets - Permission to keep pets needs to be sought from the freeholder.
Council Tax Band: C Local Authority: City of York Council Parking: Electric parking Bay Water: Mains Supplied - Meter Anti-Money Laundering: By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £33.33+ VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Please contact the office if you have any questions in relation to this.
Disclaimer: The information provided in this listing is for general guidance only and does not form part of any offer or contract.
While we aim to ensure accuracy, details should not be relied upon as statements of fact. All measurements, descriptions, and images are approximate and for illustrative purposes only.
Prospective buyers must carry out their own due diligence and satisfy themselves as to the accuracy of the information by inspection or other means.
Indigo Greens has not tested any services, appliances, or systems and cannot verify their condition or functionality.
We accept no liability for any loss or damage resulting from reliance on the information provided.
Lounge Area: Double glazed windows, karndean flooring, TV point, power points, electric heater, spotlights, mechanical heat recovery ventilators Kitchen Area: A range of modern wall and base units with sink and mixer tap, integral electric oven and microwave with separate induction hob and extractor hood, built in dishwasher and fridge/freezer.
Walk in airing cupboard with hot water cylinder and plumbing for washing machine, mechanical heat recovery ventilators Bedroom: Double glazed windows, spotlights, carpet, power points, electric heater, mechanical heat recovery ventilators Bathroom: A three piece white suite comprising panelled bath with mains fed rainfall shower, wash hand basin, WC, heated towel rail, tiled flooring, mechanical heat recovery ventilators Outside: There are landscaped communal gardens with a playpark on-site, whilst there is a co-working space, community pavilion and restaurant within the development.
The apartment also benefits from an allocated parking space.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Cocoa Works, Haxby Road, YO31
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