£70,000
Studio flat for sale
George Hudson Street, York
studio Flat Property description
Tenanted Investment Opportunity in York! Popular student development with excellent on-site amenities including gym and cinema room.
Financial Breakdown;
Current tenancy - £200 per week until 1st August 2026
Gross Rent: £10,400
Net income: £7,713.24
Gross yield: 14.85%
Net yield: 11.01%
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;
Current tenancy - £200 per week until 1st August 2026
Gross Rent: £10,400
Net income: £7,713.24
Gross yield: 14.85%
Net yield: 11.01%
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.
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George Hudson Street, York
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Naish Estate Agents - York 3 High Petergate York YO1 7ENCall agent on 01904 595675
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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