Plans unveiled for apartments targeted at first-time buyers
York-based property specialist, Helmsley Group, has revealed plans for a new development aimed at helping first-time buyers in York.
The new development, Luna, is located on Fifth Avenue, near Tang Hall Lane and, subject to planning approval, will be made up of 50 one and two-bed apartments.
The latest plans have been unveiled following the company’s success with first-time buyers at Clifton Moor and more recently at its Aura development, which saw all 14 apartments reserved within two weeks following its launch.
The gated apartment scheme at Luna is within walking distance of the city centre and is planned to benefit from private parking, individual gardens and superfast hyperoptic broadband.
Each apartment will have secure under-cover bike storage, as well as parking spaces equipped with EV charging points.
The apartments are proposed for the site of the former Cherry Tree House care facility, which was closed earlier this year following a strategic property review by the NHS.
Max Reeves, development director at Helmsley Group, said: “We’re proud of the legacy we’re building in helping first-time buyers and families access high quality, affordable housing in and around York.
“We know there is a lot of demand for housing in York as the city has a lot to offer for individuals and businesses, but often what’s on offer is out of the price range of first-time buyers.
“By creating more homes at Luna aimed specifically at first-time buyers, we plan to transform a site with an underutilised, vacant building and give more people the opportunity to enjoy living close to the city centre.”