Three one bedroom flats In a in a**grade II listed** building, Great central location of Malton Town. Excellent opportunity for investors. Buy and flip or rent, Close to amenities, shops, and restaurants. Available to be sold through modern method of auction.
25 Yorkersgate has a split Freehold title, it is made up of the ground floor and basement that is separately owned and then to the top there is five flats. Flats 2,3 and 4 own a 3/5th share of the Freehold. The flats can be purchased as Freehold or Leasehold. Subject to negotiation there may be an option to purchase a further flat and ultimately have full control of the Freehold for the flats, for further details on this please contact Reeds Rains Malton.
Each Flat is a one bedroom with kitchen and bathroom or shower facilities. Two are currently vacant and one still rented but all will be available with vacant possession. In the agents opinion if the flats received a little tlc they could rent for between £450 - £475 pcm offering an investment buyer a great opportunity in terms of annual yield from the flats.
Within easy access are all Malton's facilities and services, including the bus and train stations a 3 minute walk away and several large supermarkets within easy walking distance. The A64 can be reached by car within 2 minutes approx.
Malton is fast becoming a hub for the food industry and now boasts many restaurants and specialist food shops, as well as being long-established as a centre of horse-racing. It is also within easy commuting distance of York and Leeds, with the advantage of lower living costs than either of these larger cities. Flat 2 - EPC grade E. Flat 3 - EPC grade E. Flat 4 - EPC grade G.
Main door to front, fitted with smoke alarm and fire alarm system and doors through to...
Two windows to front elevation, open plan living, dining and through to kitchen;
Base level storage units with a worktop over, plumbing, space for a washing machine, hot water tank and space for a cooker.
Sash window to side elevation storage cupboard and electric heater.
Three piece suite of panelled bath, low level WC and pedestal wash hand basin.
Main door to the front, fitted with smoke alarm and fire alarm system and doors through to...
Two windows to front elevation, open plan living, dining and kitchen room, with a range of eye and base level storage units with a worktop over, plumbing, space for a washing machine, hot water tank and space for cooker.
Sash window to side elevation storage cupboard and electric heater.
Three piece suite of shower, low level WC and pedestal wash hand basin.
Main entrance door stairs off to bedroom, storage cupboard and doors through to...
Two windows to front elevation and a storage cupboard, open plan through to...
Storage cupboards with kitchen worktop, space for electric cooker, plumbing, space for a washing machine, hot water tank and window to rear elevation.
Three piece suite of bath, low level WC, pedestal wash hand basin, wall heater, laminate flooring and Velux window.
Bay window to rear elevation enjoying a panoramic view across Malton to Norton and solid wood flooring.
The landlord has informed us verbally that there is a monthly service charge of £30 per month per flat is payable to the building management company. This cover building maintenance and insurance. The building is fitted with proximity lighting and a fire alarm system that is checked monthly. Reeds Rains are still awaiting written confirmation of what is included and will update this brochure when this is received.
Important note to purchasers:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
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