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York 1 Bedroom BTL Opportunity

Property Overview

  • One bedroom, one bathroom apartment in desirable development

Financials 

  • Purchase £235,000
  • Market Rent £1,150 pcm
  • Yield 5.9%

Location

  • Located to the West of York city centre
  • Within walking distance of York city centre
  • Close to amenities and transport links

 

 

Detailed Description

We are delighted to offer to our discerning clients this fantastic opportunity to acquire a brand new apartment located to the West of York City Centre. The property has tremendous potential to be used as a buy to let investment or serviced accommodation unit for short to medium terms stays benefiting from an allocated parking space.

Apartment 19 is a high quality one bedroom apartment comprising of open plan kitchen, dining and living space, double bedroom, shower room and utilities cupboard.

Gateway 2 was originally built as offices, however, the developer, Helmsley Group, had the vision to develop the building into much needed residential apartments and working with Artium Group, the head contractor have done so adhering to the current, very stringent building regulations particularly those set out for green, sound and fire standards.

Apartment 19 is located on the first floor of the building, and benefit from a private entrance. The property has a South Western outlook and as such will benefit from afternoon sun.

The apartment benefits from a modern open plan kitchen, living, dining area – ideal for entertaining. The double bedroom is accessed form the lounge area as is the stylish shower room, a utility cupboard sits off the kitchen and houses the large electric hot water tank. There are thoughtful practical details such as USB points in the power sockets, downlights in the kitchen and integrated appliances in the kitchen for a seamless look.

Each of the apartments that we have available have an allocated parking space, a huge benefit as most city centre apartment do not come with parking and are paid for as an extra at a cost of around £25,000 per space.

Please note this apartment is not suitable for serviced accommodation, if you are looking for a serviced accommodation investment or would like the opportunity to be able to use a property as such in the future please contact us regarding the select few within the development that do have express permission.