House for sale in York, Salisbury Terrace, YO26 : York : YOR240047

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2 bedroom house, Salisbury Terrace, York YO26 - Available

Salisbury Terrace, York YO26

2 Bedroom | Freehold

Asking price £225,000

York (YRK) 0.7 miles

Poppleton 1.9 miles

National Railway Museum (West Entrance) 0.4 miles

Spacious terraced property, formerly a Youth Centre, now poised for transformation. Ideal for alternative business ventures or conversion to residential use, all subject to planning approval

Development Opportunity in Leeman Road, York

This spacious terraced property, situated in the highly sought-after Leeman Road area of York, presents an exciting opportunity for discerning developers.

- Size: Approximately 2,000 sqft

Potential Uses:
1. Commercial Transformation:
- The property's current use as a Youth Centre allows for various commercial possibilities. Entrepreneurs and business owners may consider adapting it to suit their needs.
- Whether you envision a boutique office space, a creative studio, or hairdressers, this property offers plenty of flexibility.

2. Residential Conversion:
- With its ample square footage, the property lends itself well to residential redevelopment.
- Consider transforming it into spacious apartments, each with its own unique layout and design.

Planning Considerations:
- Any proposed changes will require planning approval. Whether you choose a commercial or residential route.

Additional Note:
- There is an overage on the property of 20% of the increased value if there is a change of use or "improvements" made to the building. This is not triggered until the property is subsequently sold. There are time limitations on the overage that may render the clause irrelevant. Please speak to the agent for further details.

Don't miss out on this prime development opportunity! Contact us today to explore the potential of this versatile property.

Freehold Title number NYK389971

Rateable Value is £3,850. For more information please visit the Valuation Office Agency website at voa.gov.uk

This property is connected to a mains electricity supply and has gas central heating.
- The water and drainage are supplied by Yorkshire Water.
- Broadband Speed - please go to checker.ofcom.org.uk /en-gb/broadband-coverage
- Mobile coverage - please go to checker.ofcom.org.uk /

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.