18th June 2024

Helmsley Group completes Luna residential scheme

York-based property specialist Helmsley Group has completed the creation of 48 one-bed apartments, boosting residential and rental availability in York.

 

The Luna residential development, located on Fifth Avenue, near Tang Hall Lane, has been created through the conversion of the former Cherry Tree House care facility which closed in late 2020, following a strategic property review by the NHS.

 

Already proving popular with residential buyers and buy to let investors, the apartment scheme at Luna is located within walking distance of the city centre and benefits from private parking, individual gardens and superfast hyperoptic broadband.

 

Continuing Helmsley’s commitment to reducing carbon emissions, each apartment has secure under-cover bike storage, as well as access to parking spaces equipped with EV charging points. Tenants will also be able to make use of the nearby national cycle path to encourage a reduction in car use.

 

Tom Riddolls, development surveyor at Helmsley Group, said: “Through the Luna development, Helmsley Group is delivering much needed residential accommodation for people in York and beyond, as well as broader benefits for the city, its environment and economy.”

 

Max Reeves, development director at Helmsley Group, added: “With high, and ever-increasing, demand for housing and rental accommodation in and around York, these change of use projects are an ideal way to maximise the potential of existing property and give more people the opportunity to live close to the city centre.

 

“We are proud to have transformed this underutilised site and vacant building to create space for a new York community to grow and flourish.”

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