Studio for sale

Cocoa Suites, Navigation Road, York YO1

Currently operating as a successful holiday let, this property generates a strong revenue stream and presents an ideal investment opportunity or first-time purchase.

Tastefully modernised, the apartment is situated in Rowntree Wharf, a Grade II listed former mill with views over the river. It is part of the sought-after Cocoa Suite development, which was carefully converted during the building’s regeneration.

The apartment boasts a high-quality finish throughout, offering luxury living in the heart of the city. Features include a bespoke modern kitchen, a combined living, dining, and sleeping area, a contemporary bathroom suite, and a spacious entrance hallway.

Fully furnished and just a short walk from York City Centre, this holiday let offers a prime opportunity for those seeking a stylish second home or a lucrative investment.

Leasehold
Length of lease- 990 years remaining
Ground rent £300 per annum
Ground rent review period N/A
Service charge £2585 per annum
Council Tax Band - B

Anti-money laundering compliance

We are legally required to conduct Anti Money Laundering checks on all purchasers and sellers. These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed. If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks. We use a partner supplier MoveButler, to carry out these checks on our behalf. They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely. There is a non-refundable charge of £30 + VAT per purchaser for these checks. This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances. Ashtons receive a portion of this fee from Movebutler as compensation for facilitating these checks and our administrative role in the compliance process.