York Property Update: New St Johns Mews Development

27 Feb 2019 - Peter

One of our favourite areas of York will soon have a new addition to its streets - ‘St Johns Mews’.

York is one of our favourite property markets at Tenancy Stream, with strong rent growth year-on-year (8.61%) and exciting developments occuring across the city. We’ll keep you updated on our blog with future developments.

About St Johns Mews

St Johns Mews York

St Johns Mews is a residental apartment block, consisting of 29 units, ranging from studios to spacious three bedroom penthouses.

The block is a developed on the site of a former council care home by Cædmon Homes & Norstar Real Estate and is due for completion in early 2018.

Jamie Adam, head of new homes at Savills in the north, said the new development had “a contemporary look”, with “large aluminium framed double glazed windows under a slate roof”.

He said: “It is rare to find apartments within walking distance of the city centre which boast a gated landscaped communal garden and secure car parking and as a result, we anticipate high levels of interest, particularly from professionals and downsizers, when the scheme launches.”

Starting at £160,000, these apartments are in a prime location, with benefits to potential landlords such as:

  • Within 100M of York St John University - a guaranteed supply of student and professional tenants
  • Secure car park - incredbly rare in this area, which has primarily on-street or council run car parking options
  • Highly desirable location - Walking distance to York city centre

About the Area

The immediate area surrounding St Johns Mews has various benefits:

  • Convenient retail locations - SPAR Lowther Street, Londis, Co-Op and Sainsbury’s are all within walking distance
  • Proximity to employers and education - Within a 10 minute walk of York Hospital, York St Johns University, Hunters Estate Agents head office and more.
  • Proximity to York City Centre - A relaxed 10 minute walk will find you entering the historic city of York through Monk Bar. With hundreds of bars, restaurants and coffee shops, beautiful riverside walks and gothic architecture, York is one of the most desirable cities in the UK

More Information

For more information, visit the Norstar Real Estate website below:

https://www.norstar-re.co.uk/the-ruse

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