The Cocoa Works, Haxby Road, York

This generous fifth floor one bedroom apartment is set in the fantastic Cocoa Works development and when completed will feature a spacious open plan living area, finished to a high standard throughout. This property also comes with an allocated parking space. The Cocoa Works is the conversion of the former Rowntree chocolate factory and is well-placed to access the city centre, the outer ring road and local amenities. Currently under development and expected to be completed in 2023, the superb building will have generous communal gardens and wonderful character features.

The apartment will be accessed via secure communal hallways with either a lift or a staircase to reach the fifth floor. The internal accommodation will begin with a private entrance hall with access to a useful utility cupboard. The main living space will be an open plan lounge/diner and fitted kitchen. The whole space will be bathed in light from large windows and high ceilings will give the feeling of generous space. The kitchen will have a modern feel with fitted units and built-in Bosch appliances. There will then be the double bedroom and finally a three piece bathroom.

The development will also boast the advantages of a concierge team and long term a community shop and cafe will be introduced.

The property would make an excellent home close to the city, but would also make an excellent investment opportunity. For details on potential rental income, please contact the office.

Council tax band is to be confirmed.

The Cocoa Works is a leasehold development. The lease length for the apartment will be 999 years from completion of the property. The service charges will be £2.01 - £2.39 per square foot, per annum. These can be paid either quarterly or annually and will be reviewed annually against the retail price index. These prices will be reviewed before completion.

The annual ground rent* will be £100 for studio and one bedroom apartments, £150 for two bedroom apartments and £200 for three bedroom apartments. The ground rent will increase by the original amount every 25 years.

*Due to the leasehold reform (ground rent) act 2022 which comes into force on 30 June 2022 we anticipate there will no longer be a ground rent charge.