Contemporary one-bedroom investment with balcony and immediate rental potential.
Fifth-floor one-bedroom with balcony and canal-facing views
Open-plan living with fitted Bosch-equipped kitchen
Underfloor heating supplied by communal scheme (cannot be changed)
Lease: 180 years remaining from 2007
Service charge £1,536 pa; ground rent £170 (review due 2044)
Currently let with tenant in place — immediate rental income potential
Approx 509 sq ft — practical size for singles or couples
Local area records very high crime level
A contemporary one-bedroom fifth-floor apartment in the Hungate development, ideal for buyers seeking a central, low-maintenance investment or city base. The open-plan living area opens to a balcony with canal-facing views, and the fitted kitchen includes Bosch appliances. The apartment benefits from underfloor heating delivered via a communal scheme and fast broadband and mobile coverage.
Practical running costs include a service charge of £1,536 pa and an annual ground rent of £170 (next review 2044). The lease has 180 years remaining, providing long-term security. The property is currently let and offered with a sitting tenant, making it suitable for an investor wanting immediate rental income; specific current and potential income figures are available on request.
Buyers should note the heating is supplied by the community scheme (cannot be changed), and the development records a very high local crime level. While the apartment is finished to a high contemporary standard and low flood risk, those seeking full control over heating systems or a quieter crime profile should factor this in.
Located within the city walls, the development sits close to York city centre, shops and the railway station. Communal gardens and bicycle storage add convenience for city living, and the size (approximately 509 sq ft) suits singles or couples looking for easy-to-manage urban accommodation.
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