Gasworks - York Buy to Let Investment
Key Figures
£199,500Starting Price
7%Net Yield
Q1 2022Completion 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