Studio flat for sale

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Studio flat for sale

George Hudson Street, York YO1
£67,500

Our Summary

  • Earn instant income on this already tenanted investment opportunity - cash buyers only
  • Tenanted Investment Opportunity in York

Description

This is a tenanted investment opportunity in York, perfect for cash buyers. Rathmell Hall is a popular student development with excellent on-site amenities, including a gym, cinema room, lounge, and study room. The property is located in the heart of York town center, close to shops, bars, restaurants, and amenities. All bills and services are included in the rental price, making it a hassle-free rental for both students and investors. The property is managed by a reputable student accommodation management company, and both universities in York are easily accessible. The financial breakdown shows a gross rent of £9,200, net income of £4,909.58, gross yield of 13.63%, and net yield of 7.27%. This is a great addition to any investor's portfolio, so it's recommended to contact the agent quickly to avoid disappointment.