Citygate, Icona, 2 Ebacorum Way, York, YO31

A spacious 1 bedroom property located in a prime location with expected YIELDS OF 13% for short term lets. Development includes Communal rooftop gardens, gymnasium and 5* hotel-like lobby entrance.

The property is located within the City Gate development which is due to complete in September 2023. City Gate is an exemplary collection of 62 apartments spread over five storeys.

City Gate is designed to enchant with its careful use of materials – darker brick to the lower levels with a textured lighter brick to the middle floors and the upper floor has been encased in a vertically boarded hardwood external cladding system.

Each apartment has been designed with this
natural light in mind to promote health and happiness, as well as offering a connection with nature that brings a fresh feeling to each home.

Development Overview

1. Small boutique development of 62 apartments
2. Superb location in York
3. Short walk to historic city walls
4. Approved for short term lets with
5. Booming York tourism industry with 85% occupancy rates
6. Communal rooftop gardens, gymnasium, 5* hotel-like lobby entrance
7. NET yields up to 13% on short term lets

York is one of the UK’s most popular cities for young professionals and international students. The quality of jobs and education on offer is extremely high, which is reflected in the demand for housing.

Many substantial investments are underway in York which are changing the face of the city. The expansion of the University campus, the My City Centre transformation project, the £77m railway station regeneration and the landmark 10-year BioYorkshire research facility are just some of the projects which are drawing a new generation to the city.

Why York?

1. York is widely regarded as one of the best places to live in the UK. Why York is one of the best places to live in the UK – The Times 2021
2. Consistently voted as one of the most affluent and most desirable cities in the UK.
3. Population of 200,000 in York.
4. Tourism Industry in York – 9 million visitors per year– Bringing in an estimated £765 million total visitor spend.
5. 173,000 visitors every week.
6. Numerous events and festivals held each year – Jorvik Viking Centre, York Minster, York Museum and Gardens, York Castle Museum, National Railway museum, York Racecourse
7. Christmas market 6 weeks a year. York races have 13 events each year
8. City Walls (3 minutes walk)
9. The Shambles (10 minutes walk)
10. York Minster (15 minutes walk)
11. Clifford’s Tower (17 minutes walk)
12. River Ouse (20 minutes walk)