York-based property specialists, 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 previous 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 during the Covid-19 pandemic.

The gated apartment scheme at Luna is located within walking distance of the city centre and is planned to benefit from private parking, individual gardens and superfast hyperoptic broadband.

Continuing Helmsley’s commitment to reducing carbon emissions, each apartment will have secure under-cover bike storage, as well as parking spaces equipped with EV charging points. Tenants will also be able to make use of the nearby national cycle path in an effort to reduce the number of cars heading into York’s city centre.

The apartments are proposed for development on 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.”

Prices start from £132,000. For more information contact luna@helmsley.co.uk

Ends

About Helmsley Group

Helmsley Group is based at Monk’s Cross, York and has been helping clients to develop their wealth through property for 40 years. The company’s expert team provides clients and investors with a range of property investment opportunities that are always secured against land or property. https://helmsley.co.uk/

For more information please contact Beth Chaplow (beth.chaplow@aberfield.com) or Katie Wadsworth (katie.wadsworth@aberfield.com).

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