Buy to Let Property

Gasworks - York Buy to Let Investment

From: £199,950
Usually strong demand from tourists
7% rental returns contracted for 2 years
Onsite gym
Studios, one, two and three bedroom apartments and duplex apartments available
Edible garden
Cycle Club
Deli / Coffee Shop
Private dining spaces
Car Club
24-hour security
Gated parking

Key Figures

£199,950
Starting Price

7%
Net Yield

Q1 2022
Completion Date

Property Summary

Gasworks not only provides living spaces, but offers a plethora of other facilities to really nurture a sense of community and wellbeing. From on-site fitness studios to flexible work spaces to cycle clubs, there is something for every resident to enjoy, bringing a completely new way of living to the city of York.

Gasworks will also be available for short-term lets. It's understandable that these facilities will be attractive to tourists, as it will almost be a "home away from home". The developer feels so strongly about the demand that he is offering a 7% contracted rental return for 2 years on all studios, 1 and 2 beds.

Property Specification

  • Full range high quality German kitchen units
  • Siemens appliances
  • Wine cooler
  • Sanitary wares by Abacas
  • Mira Flight safe anti-slip shower
  • LED lighting throughout
  • Fire protection sprinkler system
  • Lifts in each block
  • Broadband / TV / Satellite system
  • Daytime concierge
  • Security controlled entrance doors with video link to each apartment
  • Postal delivery service and drop point
  • Electric car charging points
  • Parking available upon application
  • Cycle stores
  • Membership of on-site leisure facilities
  • Gated pedestrian and vehicle access

One Touch

The Numbers

Ground Rent:£250 per annum

Number of Units:215

Service Charge:£2.67 per sq ft per annum

Prices:Studios from £199,950. One bedroom apartments: £265,000. Two bedroom apartments from: £390,000. Three bedroom apartments from: £565,000.

Leasehold:250

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288 Bishopsgate, City of London, EC2M 4QP

Please note that One Touch Property is not authorised or regulated by the Financial Conduct Authority and as such is not permitted to offer financial or investment advice to UK resident investors, whether or not the intended investments are regulated or unregulated. We strongly encourage you to consult an FCA-authorised Independent Financial Adviser before committing to any form of investment. This is not an offer to participate in a collective investment scheme as defined in section 235 of the Financial Services and Markets Act (2000) and as such investors will not have access to the Financial Services Compensation Scheme or the Financial Ombudsman Service.

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