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Mcquades Court, City Centre, York

PROPERTY TYPE

Detached

BEDROOMS

45

BATHROOMS

29

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

MCQ GF.jpgMCQ F1.jpg
4

Key features

  • 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

Description

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.

Brochures

Mcquades Court, City Centre, YorkBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Mcquades Court, City Centre, York

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About Ashtons Estate Agents, York

1 Bootham, York, YO30 7BN
Industry affiliations:

Ashtons Estate Agents

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 935504 to find out how we can tailor our service to meet your needs and get the best price for your property.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£28,502
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34379707. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ashtons Estate Agents, York. Please contact the selling agent or developer 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.

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