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


Description
Yieldit are pleased to offer this superb student property in the heart of the popular student city of York. 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 students and is fully let for the 21/22 academic year. The studio comes with a quality fitted kitchen, with all appliances included, and en-suite bathrooms. All blinds and furniture is also include.

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 for the student 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 resident students.

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.

The studio is situated right in the heart of the historical city of York, its cosy, stylish and well connected, its about 5 minutes walking distance to the York Train Station, 10 minutes to York Minster. The University of York is 15 minutes by bike and busses run approximately every 10 minutes from right outside! York St John University can be reached by bike in approximately 6 minutes.

Rathmell Hall is student accommodation only available to cash buyers.

A perfect addition to any investors portfolio call us today to avoid disappointment - video available on request.

Note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £7,650
Ground rent: £300
Service charge: £1,481
Lettings fees: £918
Net income: £4,951
Gross yield: 11.25%
Net yield: 7.28%

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-17216

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