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Floorplans (
Map45 bedroom detached house for sale
Mcquades Court, City Centre, York
Detached house
45 beds
29 baths
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Freehold Block of Apartments
- Twenty Eight Self Contained Apartments
- Seventeen Two Bed Apartments
- Seven Parking Spaces
- Within York City Walls
- Walking Distance To York Minster, University Of York and York St Johns
- EPC ALL C OR D
McQuades Court is a substantial freehold block of apartments, occupying a prime city centre position with a number of apartments enjoying balconies overlooking York’s historic city walls. This is a rare opportunity to acquire a high quality, income producing residential investment within one of the UK’s most resilient and supply constrained rental markets.
The building comprises 28 self contained apartments, arranged as 17 two bedroom apartments and 11 one bedroom apartments. The majority are let on assured shorthold tenancies and professionally managed by Ashtons Lettings, with three apartments operated successfully as holiday lets by Stays York, providing a blended and well diversified income stream.
The current gross income is approximately £389,940 per annum, with established management in place and a proven track record of consistent occupancy. The property is fully let and offers immediate income from completion.
Several apartments benefit from private balconies with attractive outlooks towards the city walls, an increasingly sought after feature for central York living. Externally, the development also includes seven allocated parking spaces, adding further value and appeal in this central location.
McQuades Court is ideally situated for the city centre, railway station and York’s key employment, retail and leisure amenities, ensuring strong ongoing demand from both long term tenants and short stay visitors.
This freehold block represents a rare opportunity to acquire scale, income and long term capital growth in a prime York location, with future asset management potential.
Further details, income schedules and viewing arrangements are available through Ashtons.
The building comprises 28 self contained apartments, arranged as 17 two bedroom apartments and 11 one bedroom apartments. The majority are let on assured shorthold tenancies and professionally managed by Ashtons Lettings, with three apartments operated successfully as holiday lets by Stays York, providing a blended and well diversified income stream.
The current gross income is approximately £389,940 per annum, with established management in place and a proven track record of consistent occupancy. The property is fully let and offers immediate income from completion.
Several apartments benefit from private balconies with attractive outlooks towards the city walls, an increasingly sought after feature for central York living. Externally, the development also includes seven allocated parking spaces, adding further value and appeal in this central location.
McQuades Court is ideally situated for the city centre, railway station and York’s key employment, retail and leisure amenities, ensuring strong ongoing demand from both long term tenants and short stay visitors.
This freehold block represents a rare opportunity to acquire scale, income and long term capital growth in a prime York location, with future asset management potential.
Further details, income schedules and viewing arrangements are available through Ashtons.
Property information from this agent
About this agent
Ashtons Estate Agents is a local, family run business with a multi-branch network in York. Our holistic approach to buying, selling, property management and holiday letting (Stays York) is a contributing factor in positioning Ashtons as the number one agent in York, however, above everything our greatest strength is our team. Our genuine, warm and friendly approach coupled with passion, knowledge and professionalism makes our client management skills unique in the industry. We understand moving is an exciting and sometimes a stressful experience, but our team are here to make the process as smooth as possible from the initial valuation, marketing, viewings, and sales progression right up to completion. Chat to a member of the team on 01904 918169 to find out how we can tailor our service to meet your needs and get the best price for your property.