The Cocoa Works, Haxby Road YO31

The Cocoa Works, Haxby Road YO31

2 Bedroom | Leasehold | 2 Baths

Asking price £365,000
York (YRK) 1.4 miles
Poppleton 2.9 miles
Meadowfields Drive 0.6 miles

A top floor 2 bedroom apartment boasting a corner position with plenty of natural light, fabulous city views and a convenient location. One of the first to be reserved in the development and now re-available.

This property would make an excellent home close to the city, but would also make an ideal investment opportunity.

This will be an exceptionally bright 2 bedroom apartment located on the 5th floor and will be accessed via secure communal hallways with either a lift or a staircase. The internal accommodation will have an entrance hall with utility cupboard, the main living space will be an open plan reception/diner and fitted kitchen. This impressive area has large windows and high ceilings, giving the feeling of generous space. The kitchen will have a modern feel with fitted units and built-in Bosch appliances. There will also be a main bedroom with an en-suite shower room and a built-in wardrobe. Then a second double bedroom with further storage and finally a three piece bathroom.

The development will also boast the advantages of a concierge team.

The Cocoa Works is the conversion of the former Rowntree chocolate factory and is well-placed to access the city centre, the hospital, the outer ring road and local amenities.

Currently under development and expected to be completed in Summer/Autumn 2024, the superb building will have generous communal gardens and wonderful character features. This property comes with one allocated parking space.
Council tax band is to be confirmed.

The Cocoa Works is a leasehold development. The lease length for the apartment will be 999 years from completion of the property (expected May 2024). The service charges will be £2.66 - £3.05 per square foot, per annum (approx. £2000pa). These can be paid either quarterly or annually and will be reviewed annually against the retail price index. These prices will be reviewed before completion.

Due to the leasehold reform (ground rent) act 2022 we anticipate there will no longer be a ground rent charge.

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Their wholesale interest rates can be lower than retail (bank branch) interest rates
  • They offer more loan options because they work with numerous banks and lenders
  • They can finance tricky deals because of their knowledge and various lending partners
  • They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

  • You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
  • You may already know the banker who will handle your mortgage
  • Banks may be more accountable than a smaller shop
  • They may offer lower interest rates in some cases
  • Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.

Key property details
Era
New
Parking available
Residents Parking
Locality
Town/City
Tenure
Leasehold
Carter Jonas reference
YOR230036

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