A YORK developer has seen half of its new £4.76 million housing scheme sold just weeks after completion.

The regeneration of a former Victorian pub and yard near Walmgate has attracted sales totalling £2.36 million off properties with a minimum price tag of almost half a million pound.

Four homes at Nelson’s Yard, in Dennis Street, between Piccadilly and Walmgate have been sold since building work was finished in November by York developer Northminster.

The £4.76 million scheme has converted the former Lord Nelson pub, which closed more than 35 years ago and was later used as offices, into two family townhouses while also creating a terrace of six four-storey, three-bedroom homes in the yard.

The Victorian glazed-brick-fronted pub building has been turned into two, three-bedroom homes with a £675,000 and £475,000 asking price, both of which have been sold along with numbers five and six in the new-build terrace, while one, two, three and four are still being marketed.

As well as selling quickly, Nelson’s Yard has been shortlisted for the residential category of this year’s Royal Institution of Chartered Surveyors (RICS) Yorkshire and Humber awards, hot on the heels of Northminster’s last residential scheme, Clementhorpe Maltings winning the national RICS Grand Final Residential Award 2017 and the Residential and Building Conservation categories of the RICS Yorkshire & Humber awards.

Northminster managing director George Burgess, said: “A great deal of thought and hard work has gone into making Nelson’s Yard something special, including assembling a first-class professional team, and it is very rewarding that it has appealed to buyers so quickly, especially during the winter, and that it has already been shortlisted by the RICS in its regional awards.”

Ben Hudson, a director of Hudson Moody Estate Agents in York, which is marketing the properties, said: “Nelson’s Yard has created a lot of interest in the York property market in one of the city’s up-and-coming residential areas.

“We knew the scheme would be popular because the homes have off-street parking, gardens and roof terraces which must be unique in the city centre, but we have still been surprised by the speed of the sales and are now marketing the final four.”

All interiors at the scheme are by Rachel McLane, of Malton with kitchens, wardrobes and fitted furniture by Richard James Handmade Kitchens of Flaxton.