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Studio Flat For Sale £68,000
George Hudson Street, York YO1


Description
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: £7,650
Ground rent: £200
Service charge: £1,516
Lettings fees: £918
Net income: £5,016
Gross yield: 11.25%
Net yield: 7.38%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16896

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