Summary - Flat 5 Union Court, Union Terrace, YORK YO31 7EU
1 bed 1 bath Apartment
Compact, low-cost flat close to university and hospital with strong rental potential.
Chain free with share of freehold and very long lease (circa 980–999 years)
Estimated rent £800–£850 pcm, roughly 6%+ gross yield
Compact footprint circa 366 sq ft — best for single occupant
Modern kitchen, integrated appliances and Velux rooflights
Low service charge £365 pa; ground rent £0
On-street permit parking; no private parking included
Subletting allowed but holiday lets prohibited
High local crime rate; area classified as student neighbourhood
This compact one-bedroom apartment sits on the second floor, a short walk from York St John University and York District Hospital — an attractive proposition for buy-to-let investors seeking city-centre student demand. The flat is chain free, offered with a share of freehold and a very long lease (circa 980–999 years), reducing longer-term tenure risk.
Internally the property is modest in size (approximately 366 sq ft) with modern finishes throughout, integrated kitchen appliances, Velux rooflights that add daylight and a practical shower room. The building benefits from communal bike storage, a small courtyard and a low annual service charge (£365) which covers buildings insurance and communal maintenance.
Estimated rental income is £800–£850 pcm (circa 6%+ gross yield at the asking price), and subletting is permitted (holiday lets are not). Practical features include on-street permit parking, council tax band A (very low cost) and excellent mobile and broadband connectivity — helpful for students and young professionals.
Important considerations: the apartment is small and best suited to single occupancy or short-term tenancies. The immediate neighbourhood is a cosmopolitan, student-dominated area with higher-than-average crime rates and pockets of deprivation; purchasers should factor local demand and management into investment plans. No significant external views or private garden space are provided.
1 bedroom apartment for sale in Haxby Road, York, YO31 — £150,000 • 1 bed • 1 bath • 456 ft²
1 bedroom flat for sale in Windsor Court, York, YO31 7RY, YO31 — £140,000 • 1 bed • 1 bath • 311 ft²
1 bedroom apartment for sale in Market Street, York, YO1 — £180,000 • 1 bed • 1 bath • 460 ft²
1 bedroom flat for sale in Lucas Avenue, York, YO30 — £150,000 • 1 bed • 1 bath • 507 ft²
1 bedroom apartment for sale in Holgate Road, York, YO24 — £156,500 • 1 bed • 1 bath
1 bedroom apartment for sale in Lodge Farm Gardens, Haxby Road, York, North Yorkshire, YO31 — £159,950 • 1 bed • 1 bath • 431 ft²
