Studio for sale in Rathmell Hall, 2-14 George Hudson St, York YO1, £70,000

70,000.00

Offer Nr.:
66716385
Type of ad:
for Sale
Property type:
Studio
Bathrooms:
1
Reception rooms:
1
Contact name:
Yieldit
Phone(s):
0161 506 6169

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: £8, 970
Ground rent: £436
Service charge: £2, 238
Lettings fees: £1, 184
Net income: £5, 112
Gross yield: 11. 96%
Net yield: 6. 82%
**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 - 07677

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