Skip to main content
£65,000Offers in excess of

Studio for sale

Tanner Row, York

Chain-free
Email agent
Contact
Email agent
Contact
Studio
0 bedroom
1 bathroom

Property features

  • Student Studio Apartment
  • City Centre Location
  • Fully Managed
  • Communal Facilities, Gym/Cinema etc
  • CHAIN FREE
  • Walking Distance of the Train Stn
  • Investment Opportunity
  • Viewings Can Be Arranged with 48 Hours Notice
  • Car Parking Space Optional For the Student
  • Period Building

Property description

DESCRIPTION Refurbished in 2017 to a very high specification, and offering all the facilities 'discerning' students have come to expect, Rathmell Hall is a popular accommodation choice for York students. Facilities include a FREE gym, cinema room, lounge and study room.

This studio is currently rented providing any investor with an instant income.

The studio is situated right in the heart of the historical city of York, its cosy, stylish and well connected, its about 5 minutes walking distance to the York Train Station, 10 minutes to York Minster. the University of York is 15 minutes by bike and busses run approximately every 10 minutes from right outside! York St John University can be reached by bike in approximately 6 minutes.

Rathmell Hall is STUDENT ACCOMODATION ONLY.

The deluxe studio comes with a quality fitted kitchen, with appliances including, combination microwave, oven, hob and extractor and an integrated fridge freezer. Amtico flooring, en-suite, blinds to all windows and fully fitted furniture to include bed with storage, wardrobe, desk and chair, bookshelves and sofa.

Shared facilities for students include a cinema room, gym, lounge and study rooms.
 

INFORMATION The student accommodation available is all bills included to the student tenant – however, all utility bills and service charge costs are deducted before rent is paid quarterly to investors.

Viewings can be arranged if so required, a minimum of 48 hours' notice is required.
 

FINANCIALS Service Charge for 2020/21 £1,598.70.

Management Fee inclusive of VAT £812.26.

Tenant find fee of £300 inclusive of VAT.

Annual Ground rent £200.

The tenancy for September 2021 to July 2022 is 45-weeks at £150, total contract value is £6,750.
 

MANAGEMENT COMPANY INFO Primo Property Management – the company that manages the building and deals with securing Tenants.
Tenant Find Fee £250 + VAT (£300)*

This includes:
Marketing the property on various on-line portals (Accommodation for students and Primo website, plus administration of student referral scheme).
Responding to enquires from marketing, including:
Contacting prospective tenants and arranging viewings
Sending out application forms and providing further information on the property and facilities
Conducting viewings
Viewing follow ups
Dealing with all due diligence, including right to rent legislation, tenant/guarantor referencing, raising of legal contract and pursuing to sign up
Organisation of check in date and time, provision of prescribed information and EPC.
Registering the deposit with MyDeposit
Termly Inspections
Negotiations on tenancy Renewal
Check, communication with My Deposits regarding release for the Deposit
Dealing with Deposit disputes to achieve a resolution

* Annual charge
 
    Naish Estate Agents is a long established, independent family business offering estate agency and property management services. We’ve been operating in York and the surrounding areas as an estate agency, under a few name changes, for over 70 years and have years of experience in the property field. We’ve been located in our current building, next to York Minster, since 1976. We are a small family business and you will always have access to a director, the business owner, as well as the friendly team members that support them. In case you were wondering, we spell it “Naish”, but pronounce it “Nash”!

    See more properties like this:

    DISCLAIMER

    Property reference 100780003902. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Naish Estate Agents - York. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.

    UKCreditRatings

    *UKCreditRatings offer a 14-day trial to their credit report service. If you choose not to cancel within the trial period, you will incur the monthly subscription of £19.95 until you cancel the account.