This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£250,000
2 bedroom Flat for sale, Merchant Exchange, York, North Yorkshire, YO1
Features and Description
- FOR SALE BY MODERN METHOD OF AUCTION
- STARTING BID £250,000 PLUS RESERVATION FEE
- TWO BEDROOM CITY CENTRE APARTMENT
- GENEROUS OPEN PLAN LIVING ACCOMODATION
- SECUE ALLOCATED PARKING SPACE
- RIVER VIEWS
- VIEWING ADVISED
***FOR SALE BY MODERN METHOD OF AUCTION: STARTING BID £250,000 PLUS RESERVATION FEE***
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
A superb two bedroom apartment located right in the heart of the city offering stunning views over the River Ouse, from a generous living space. Placed in the popular Merchant Exchange development, the property is located on the corner of Bridge Street and Skeldergate. The railway station is within easy reach and all the restaurants, bars and attractions the city has to offer are right on the doorstep. Offered as an investment opportunity the property is already let out with tenants in place. For full details on rental income and potential future rent, please contact the office. The apartment is reached via a secure communal hallway on Bridge Street, and a lift or a staircase leads to an external walkway. Once inside the home there is a private hall with a useful storage cupboard. The centrepiece of the home is the spacious open plan lounge/diner and fitted kitchen. Bathed in light from five windows all with views of the river, there is ample living and dining space as well as a fitted kitchen with built-in appliances. The accommodation continues with the two bedrooms, the larger of which has a walk-in wardrobe and finally there is a four piece bathroom with both a separate shower and a bath. Outside the apartment there is a lovely communal courtyard sitting at the centre of the building. There is also the huge advantage of a secure allocated parking space.
Agent Notes
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Agent Notes
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Merchant Exchange, York, North Yorkshire, YO1
Additional Information
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Property refYOR260066
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EPCD
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TenureLeasehold
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Lease length973 years
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Council TaxF
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Ground Rent£150
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Ground Rent ReviewContact the branch
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Service Charge£3,100
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Reeds Rains Estate Agents York
Reeds Rains York
Queens House, Micklegate, York, YO1 6JH
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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