Studio for sale in Rathmell Hall, 2-14 George Hudson St, York YO1

£73,000
Interested in this property? Call +44 161 506 6169 * or Request Details

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Studio for sale

1 1 EPC Rating: C EPC Rating: C

Tenure:
Leasehold
Time remaining on lease:
242 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available
More details

Property features

  • Hands off investment opportunity
  • Experienced management in place
  • Tenanted for immediate income
  • Excellent returns
  • Fantastic development
  • Student studio
  • Ensuite and kitchenette included
  • Onsite amenities
  • High tenant demand
  • Don't miss out and enquire today

Property description

Rathmell Hall, 2-14 George Hudson St, York Yo1 6Lp

Earn instant income on this already tenanted investment opportunity - cash buyers only! Tenanted Investment Opportunity in York! Popular student development with excellent on-site amenities including gym and cinema room.

Completely refurbished to a very high specification and offering all the facilities 'discerning' students have come to expect, Rathmell Hall is a popular accommodation choice for York students as you will find the property right in the heart of York town center with array of shops, bars, restaurants and amenities on your front door step.

Facilities include a free gym, cinema room, lounge and study room; all great spaces to enjoy the university experience. All bills & services are included in the rental price, making it an attractive hassle free rental for both student & investor.

The Rathmell Hall 'residential experience' is enhanced by an anuk accredited student accommodation management company - primo Property Management - whose procedures and systems further promote a sense of community among residents.

Furthermore, both of the city's famous higher-education institutions - the University of York and York St. John University - are easily reachable from Rathmell Hall, either by foot or using the city's ample public transport network.

Because of its opportune location and its prime living spaces, Rathmell Hall is the perfect student hub in the heart of a highly sought-after student city.

This is the perfect addition to any investors portfolio, so call today to avoid disappointment

Financial Breakdown

Gross Rent: £9,945.00
Net income: £6,086.70
Gross yield: 13.62%
Net yield: 8.34%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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