Summary - THE POSTERN GATE, PICCADILLY YO1 9NX
3 bed 3 bath Penthouse
Turnkey three-bed investment with secure parking and exceptional central position.
Panoramic skyline views including York Minster
A rare top-floor penthouse in the heart of York, this three-bedroom apartment delivers dramatic panoramic views across the city, including York Minster. The central 64 sqm open-plan reception with floor-to-ceiling glazing creates an impressive entertainment space, paired with a sleek fitted kitchen and premium NEFF appliances. Secure allocated off-street parking and private storage add practical value in a city-centre setting.
Currently trading as a successful holiday let, the property offers immediate income potential for investors or a turnkey city pied-à-terre for buyers seeking a ready-to-go home. Each bedroom has its own three-piece ensuite, providing flexibility for short-term lets or multi-occupancy rental. The exceptionally long lease (994 years) removes common leasehold uncertainties and supports long-term capital growth.
Be candid about running costs and context: the apartment uses electric underfloor heating and room heaters, so energy costs depend on tariff and usage. Council Tax Band G is expensive, and broadband speeds are average for the area. The building sits on a busy mixed-use street; there is limited private outdoor amenity and some daytime street noise from nearby commercial activity.
Safety and neighbourhood character are material factors. The immediate area records very high crime levels, which may affect insurance and tenant demand; prospective buyers should factor this into valuation and management plans. Conversely, the property’s prime central location, concierge-type building facilities, and strong transport links to the railway station and major routes underpin reliable rental demand and resale appeal for the right buyer.
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