YORK CITY
APARTMENTS

Layerthorpe, York, North Yorkshire, YO31 7TZ​

FROM

£270,000

EXPECTED YIELDS

10-13%

COMPLETION DUE

Q1 2023

NO. APARTMENTS

62

York City Apartments is a luxury boutique development just moments from the beautiful historic city centre that has been meticulously designed throughout and boasts a range of on-site facilities, offering residents a wonderful place to call home and visitors a luxury home-from-home.

Thoughtfully designed, the apartments feature open-plan living spaces filled with natural light, contemporary kitchens, modern bathrooms, quality fixtures and fittings and tall windows, to create practical, stylish, and airy residences.

The building includes a selection of facilities and amenities including a communal rooftop garden, fully equipped gymnasium, and hotel-style lobby with a concierge.

Arranged over 5 floors there are just 65 apartments available within this luxury development. A selection of 1 to 3-bedroom properties are available, many apartments have balconies or Juliet balconies. Parking spaces are available for an additional cost.

The quality of life on offer and employment opportunity is fast making York one of the UK’s most popular cities for young professionals. Together with the quality jobs on offer, York is an incredibly attractive historic city and several national parks are within a short distance of the city.

The short-let market in York is thriving; York welcomes 8.4 million visitors every year, and there are currently just 20,000 bed spaces are currently available in the city.

York City Apartments is an expansion of an existing development that has delivered considerable success for landlords. Those who secured properties within the development directly opposite are currently achieving short-let NET yields of up to 13% with average occupancy rates via Airbnb at around 85%. This second phase of the York City Apartments boasts better facilities and a premium finish, with the projection for short-let occupancy set to be 92%.

Not only is there very high rental demand from long-term tenants, but the short-term rental market in York is also booming and with this development being one of only a handful of buildings approved for short-term rentals in the city centre, this is a one-of-a-kind investment opportunity.

FLOOR PLANS

ROI Example

Summary 1 bed apartment / 489 Sq Ft / Apartment 10, GROUND Floor PRICE: £271,000

ON THE SHORT TERM RENTAL MODEL

To summarise, you’ll be investing £88,925 (using a mortgage) to generate an annual NET return of £19,915.00 which equates to an Annual Return on Investment of 22.4% not including any capital growth in the value of the property.

Investment Highlights

+ Stylish modern apartments within a luxury boutique development
+ Prime location minutes from the historic city centre
+ 5-star facilities including concierge, rooftop garden with city views and gymnasium
+ Short-term rental approved – yields 10-13%
+ Projected completion Q1 2023
+ Pre-launch discount available to early investors
+ Prices from £270,000

Enquire about This Property

YORK CITY
APARTMENTS

Layerthorpe, York, North Yorkshire YO31 7TZ

FROM

£270,000

PROJECTED YIELDS

110-13%

COMPLETION DUE

Q1 2023

NO. APARTMENTS

62

York City Apartments is a luxury boutique development just moments from the beautiful historic city centre that has been meticulously designed throughout and boasts a range of on-site facilities, offering residents a wonderful place to call home and visitors a luxury home-from-home.

Thoughtfully designed, the apartments feature open-plan living spaces filled with natural light, contemporary kitchens, modern bathrooms, quality fixtures and fittings and tall windows, to create practical, stylish, and airy residences.

The building includes a selection of facilities and amenities including a communal rooftop garden, fully equipped gymnasium, and hotel-style lobby with a concierge.

Arranged over 5 floors there are just 65 apartments available within this luxury development. A selection of 1 to 3-bedroom properties are available, many apartments have balconies or Juliet balconies. Parking spaces are available for an additional cost.

The quality of life on offer and employment opportunity is fast making York one of the UK’s most popular cities for young professionals. Together with the quality jobs on offer, York is an incredibly attractive historic city and several national parks are within a short distance of the city.

The short-let market in York is thriving; York welcomes 8.4 million visitors every year, and there are currently just 20,000 bed spaces are currently available in the city.

York City Apartments is an expansion of an existing development that has delivered considerable success for landlords. Those who secured properties within the development directly opposite are currently achieving short-let NET yields of up to 13% with average occupancy rates via Airbnb at around 85%. This second phase of the York City Apartments boasts better facilities and a premium finish, with the projection for short-let occupancy set to be 92%.

Not only is there very high rental demand from long-term tenants, but the short-term rental market in York is also booming and with this development being one of only a handful of buildings approved for short-term rentals in the city centre, this is a one-of-a-kind investment opportunity.

FLOOR PLANS

ROI Example

SUMMARY 1 BED APARTMENT / 489 SQ FT / APARTMENT 10, GROUND FLOOR PRICE: £271,000

ON THE SHORT TERM RENTAL MODEL

To summarise, you’ll be investing £88,925 (using a mortgage) to generate an annual NET return of £19,915.00 which equates to an Annual Return on Investment of 22.4% not including any capital growth in the value of the property.

Investment Highlights

+ Stylish modern apartments within a luxury boutique development
+ Prime location minutes from the historic city centre
+ 5-star facilities including concierge, rooftop garden with city views and gymnasium
+ Short-term rental approved – yields 10-13%
+ Projected completion Q1 2023
+ Pre-launch discount available to early investors
+ Prices from £270,000

Enquire about This Property