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£70,000

(£306/sq. ft)

Studio for sale
Rathmell Hall, George Hudson Street, York YO1

    • 1 bath

    • 1 reception

    • 229 sq. ft

  • Leasehold

Naish Estate Agents & Solicitors

Logo of Naish Estate Agents & Solicitors

About this property

  • Investment Opportunity

  • 7.9% Yield

  • Fully Managed by Primo Property Management

  • Studio Apartment

  • In the heart of York City Centre

  • Cinema/Gym/Laundry Facilities

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 in 2015 and offering all the facilities a student could need, Rathmell Hall is a popular accommodation choice for York students as it is ideally located in the heart of York town centre with array of shops, bars, restaurants and amenities.

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 public transport network.

Financial Breakdown

Gross Rent: £10,195.68
Net income: £5,532.76
Gross yield: 14.56%
Net yield: 7.9%

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More information

  • Tenure

    Leasehold (242 years)

  • Service charge

    £2,687 per year

  • Council tax band

    Student accomodation

  • Ground rent

    £291

  • Ground rent date of next review

See all recent sales in YO1

Property descriptions and related information displayed on this page are marketing materials provided by - Naish Estate Agents & Solicitors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Naish Estate Agents & Solicitors for full details and further information.