5 bedroom terraced house for sale

Guide price £495,000

5 bedroom terraced house for sale
 in Melroses Yard, Walmgate, York

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Interested in this property? Call 01904 211093 (local rate) or Arrange viewing

Property features

  • Freehold Investment Prop
  • 4 Apartments
  • Retail Shop
  • Approx £33, 000 P.A Income

Property description

****A well performing freehold investment property, lying within the city walls****.
The building, which comprises a basement flat, retail shop, two 2 bedroom upper floor flats and a studio flat, is capable of producing in total approximately £33, 000 per annum. The building offers easy access to all amenities in York's historic centre.


Basement flat


One bedroom with gas fired central heating. Was achieving a rental of £550 per calendar month.
Living / dining room 5.94m(19'6'') x 3.23m(10'7'')
uPVC double glazed patio doors. Two radiators. Television point. Telephone point. Built-in cupboard. Laminate flooring.
Kitchen 2.92m(9'7'') x 2.51m(8'3'')
Range of modern fitted wall and floor units with worktops incorporating a single drainer stainless steel sink unit. Electric hob with stainless steel extractor hood over and electric oven below. Plumbing for a washing machine. Part tiled walls. Tiled floor. Radiator. Integral fridge and freezer.
Bedroom 4.67m(15'4'') x 4.52m(14'10'')
A good sized double bedroom with walk-in wardrobe. Radiator.

Bathroom


White suite comprising panelled bath with shower over, wash hand basin and WC. Part tiled walls.

Floor plan

shop


The ground floor retail unit is currently let at £7, 200 per annum and offers internal space of around 500 sq.Ft. This incorporates a store, kitchenette and toilet to the rear.
Flat 1

A two bedroom first floor apartment currently let at £575 per calendar month.

Entrance hall


Radiator. Laminate flooring. Built-in cupbaord. Telephone entry intercom system. Doors to:
Living / dining room 3.81m(12'6'') x 3.73m(12'3'')
uPVC double glazed window to the front elevation. Feature fireplace. Radiator. Television point. Telephone point. Cornicing to the ceiling.
Kitchen 2.59m(8'6'') x 2.08m(6'10'')
Range of modern fitted wall and floor units with worktops incorporating a single drainer stainless steel sink unit. Integral stainless steel hob with stainless steel splashback and extractor hood over. Electric oven. Plumbing for a washing machine. Radiator. Tiled floor. Secondary glazed sash window to the side elevation.
Bedroom 1 3.48m(11'5'') x 2.64m(8'8'')
Double glazed window to the front elevation. Radiator. Laminate flooring.
Bedroom 2 3.40m(11'2'') x 2.24m(7'4'')
uPVC double glazed window to the frotn elevation. Radiator. Laminate flooring.

Bathroom


White suite comprising a p-shaped bath with shower over, pedestal wash hand basin and WC. Part tiled walls. Extractor fan. Tiled floor.

Floor plan


Flat 2

A second floor apartment currently rented at £585 per calendar month.

Entrance hall


Radiator. Built-in cupboard. Doors to:
Living room 4.14m(13'7'') x 3.43m(11'3'') max
Secondary glazed sash window to the front elevation. Radiator. Television point. Coving to the ceiling. Laminate flooring.
Kitchen 2.39m(7'10'') x 2.06m(6'9'')
Range of modern fitted wall and floor units with worktops incorporating a single drainer stainless steel sink unit. Electric hob with stainless steel extractor hood over and oven below. Plumbing for a washing machine. Part tiled walls. Tiled floor. UPVC double glazed window to the side elevation.
Bedroom 1 5.05m(16'7'') x 2.62m(8'7'')
A good sized double bedroom with secondary glazed sash window to the front elevation. Radiator. Laminate flooring.
Bedroom 2 3.40m(11'2'') x 2.29m(7'6'')
uPVC double glazed window to the rear elevation. Laminate flooring. Radiator.

Bathroom


White suite comprising panelled bath with shower over. WC and pedestal wash hand basin. Part tiled walls. Tiled floor.


Floor plan


Flat 3

A top floor studio flat, previously rented at £495 per calendar month.

Sitting / bedroom area


Roof lights.

Kitchen


Range of fitted floor units with tiled work surfaces incorporating a single drainer plastic coated sink unit. Plumbing for a washing machine. Indesit electric oven and hob with extractor fan over. Wall mounted Worcester gas fired boiler. Extractor fan. Ceramic tiled floor.
Bathroom 2.51m(8'3'') x 1.83m(6'0'')
White suite comprising panelled bath with shower over, pedestal wash hand basin and low flush WC. Tiled walls and floor. Velux roof light.

Floor plan

general remarks

location


The property can be found by leaving the city on foot along Fossgate, leading into Walmgate and the property can be found towards the end on the left hand side.

Viewing


All viewing is strictly by prior appointment with the sole selling agents, Hudson Moody. Please contact our offices at 58 Micklegate, York YO1 6LF
Tel: Fax:

Fixtures and fittings


All fixtures and fittings are specifically excluded from the sale unless they are mentioned in the particulars of sale.

Amenities


The property has the benefit of all mains services.

Method of sale


The property is offered for sale freehold with vacant possession by private treaty on completion of sale. The agent suggests that these details are checked by your solicitor.

Local authority


City of York Council, Library Square, York, YO1 1XH. Tel:

Energy efficiency rating


The Energy Efficiency Rating is a measure of the overall efficiency of a home. This is rated by the energy use per m2 of floor area, based on fuel costs. The higher the rating, the more energy efficient the home is and the lower the fuel bills will be. Please see the individual apartment brochures for these.


Environmental impact rating


The Environmental Impact Rating is a measure of a property's impact on the environment in terms of carbon dioxide (co/2) emissions. The higher the rating, the less impact it has on the environment. Please see the individual apartment brochures for these.

Mortgage advice


For a smoother process we recommend that you speak to our mortgage adviser as early on in the process as possible. A decision in principle from a mortgage lender can place you in a more favourable position when putting in an offer on a property. We are able to offer independent mortgage advice from the whole of the mortgage market, ensuring you get the best possible advice and mortgage deal suitable for you. Appointments are available Monday to Saturday and evening appointments by arrangement.
Your home is at risk if you do not keep up repayments on a mortgage or any other loan secured on it.

Offer procedure


Before contacting a Building Society, Bank or Solicitor you should make your offer to the branch dealing with the sale. Any delay may result in the sale being agreed to another purchaser incurring unnecessary costs. Under the Estate Agency Act 1991 you will be required to provide us with financial information in order to verify your position before we can recommend your offer to the vendor. We will also require proof of identification in order to adhere to Money Laundering Regulations.
Thinking of selling?
If you would like a free, no obligation valuation of your own property please contact any of our offices. We will provide you with a marketing report detailing our fees and terms of business tailored to your needs together with our recommendations on price.

Draft particulars


These draft particulars have not yet been approved by our vendor. As such, the content should not be relied upon as statement of fact, and we would recommend that approved details should be obtained before a commitment to purchase is made.


Important notice


1. These particulars have been prepared as accurately and as reliably as possible, but should not be relied upon as 'statement of fact'. If there is any point which is of particular importance to you, please contact the office and we would be pleased to check the information. Please do so particularly if contemplating travelling some distance to view the property.
2. We have not tested any services, appliances, equipment or facilities and nothing in these particulars should be deemed to be a statement that they are in good working order, or that the property is in good structural condition or otherwise.
3. Any areas, measurements, floor plans or distances referred to are given as a guide only and are not precise.
4. Purchasers must satisfy themselves by inspection or by otherwise regarding the items mentioned above and as to the correctness of each of the statements contained in these particulars.
5. No person in the employment of Hudson Moody has any authority to make or give any representation or warrenty whatsoever in relation to this property or these particulars nor enter into any contract relating to the property on behalf of the vendor.
Request details

For more information about this property, please contact
Hudson Moody, YO1 on 01904 211093 (local rate)

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This 5 bedroom terraced, located in Melroses Yard, Walmgate, York YO1 is listed for sale for £495,000 . The current asking price is 183% higher than the average current value for properties on Walmgate which is £175,046. There have been 0 property sales on Walmgate in the last 3 years, with sold house prices averaging --. This property has 5 bedrooms, 1 bathroom and is located in York.

View all Melroses Yard property for sale

YO1 Zed-Index What is the Zed-Index
£208,551 £341,447 £305,987 £232,167 £193,533

stats for 
Value change
£1,858 (-0.88%) £11,187 (-5.09%) £10,811 (-4.93%) £13,120 (-5.92%) £3,783 (1.85%) £23,186 (-10.01%) £20,185 (-8.82%)
from 
Avg. price paid: £222,027
No. of property sales: 55
Avg. price paid: £207,040
No. of property sales: 289
Avg. price paid: £215,101
No. of property sales: 480
Avg. price paid: £207,794
No. of property sales: 837

Avg. asking price in YO1: £438,233
No. of properties for sale in YO1: 39
Avg. asking rent in YO1: £1,419 pcm
No. of properties to rent in YO1: 60

Property value data/graphs for YO1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £341,447 - 3.4 £247,500
Semi-detached £305,987 £319 2.6 £335,000
Terraced £232,167 £257 2.7 £255,077
Flats £193,533 £282 1.9 £195,609

Current asking prices in YO1

Avg. current asking prices in YO1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £199,995
(2)
£343,333
(3)
£1,731,667
(6)
£495,000
(1)
Flats £134,762
(11)
£212,917
(15)
- - -
All £134,762
(11)
£211,396
(17)
£343,333
(3)
£1,731,667
(6)
£495,000
(1)

Current asking rents in YO1

Avg. current asking prices in YO1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £764 pcm
(3)
£2,492 pcm
(1)
- -
Flats £1,140 pcm
(18)
£1,570 pcm
(34)
£2,557 pcm
(1)
£1,950 pcm
(1)
-
All £1,140 pcm
(18)
£1,504 pcm
(37)
£2,524 pcm
(2)
£1,950 pcm
(1)
-

Fun facts for YO1

Highest value in YO1
Highest value streets Zed-Index What is the Zed-Index
St. Saviourgate £699,800
Precentors Court £667,613
Blake Street £354,618
Micklegate £353,785
£340,668
Highest turnover in YO1
Highest turnover streets Turnover What is Turnover?
Bishophill Senior 46.2%
Dewsbury Court 45.5%
St. Martins Lane 43.5%
Precentors Court 36.4%
Dixon Lane 35.7%

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