Offers over
£45,000
1 bed flat for saleHollis Court Castle Howard Road, Malton YO17
1 bed
1 bath
EPC Rating: C
Reduced on
About this property
RICS Valuation - £95,000
Sold with Tenants in Situ
Achieving a net Rental Yield of 11%
Leasehold - 115 Years Remaining
Ground Rent - £37.50 pcm
Service Charge - £215 pcm
24-Hour Emergency Call System
An appealing investment opportunity within the popular Hollis Court retirement development. The property is being sold with tenants in situ, providing immediate rental income and currently achieving £750 pcm, representing an attractive net rental yield of approximately 11%.
The apartment offers bright, well-planned accommodation with generous living space and useful built-in storage. Residents benefit from attractive communal gardens, a welcoming lounge, a guest suite for visiting family and friends, an on-site House Manager and a 24-hour emergency call system.
Conveniently located just off Castle Howard Road, the development is close to Malton’s independent shops, cafés, restaurants and traditional Market Place, with local bus services and rail connections to York and the wider region.
Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5000 will be required to secure the property in accordance with our terms. This amount will be deducted from the purchase price. In addition, a non-refundable Reservation Fee of £600 (including VAT) will be payable, which is separate from the purchase price.
All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.
Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction
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Tenure
Leasehold (115 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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