£60,000

Studio for sale

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Sold STC
Leasehold

£60,000

Studio for sale

Tanner Row, York YO1

1 bath

Key Information

Tenure:
Leasehold (243 years)
Service charge:
Council tax band:
Student Accommodation
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • York 0.3 miles
  • Scarcroft Primary School 0.4 miles
  • The Minster School 0.4 miles
  • Poppleton 2.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for York to find out more about the local area.

Features and description

  • Leasehold
  • Investment opportunity
  • City Centre Location
  • Fully Managed
  • Communal Facilities, Gym/Cinema etc
  • Chain free
  • Walking Distance of the Train Stn
  • Car Parking Space Optional For the Student
  • Period Building
Investment opportunity providing upto 14% annual yield!

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 2023/24 £2205.78

Management Fee Inclusive Of Vat £764.56

Tenant Find Fee Of £300 Inclusive Of Vat.

Sinking Fund Contribution Of £100 Per Annum.

Annual Ground Rent £243.82.

The tenancy for September 2023 to July 2024 is 48-weeks at £175, total contract value is £8,400.

Management-

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

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

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Listed by

Naish Estate Agents & Solicitors

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Property descriptions and related information displayed on this page are marketing materials provided by - Naish Estate Agents & Solicitors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Naish Estate Agents & Solicitors for full details and further information.

  1. Zoopla
  2. For sale
  3. North Yorkshire
  4. York
  5. York City Centre
  6. Tanner Row

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

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