07 June 2023

Over 85% of apartments now sold at York historic city centre development

Over 85% of apartments now sold at York historic city centre development


The Palace Capital plc development was completed in 2021 and has taken shape into a vibrant blended community, appealing to young professionals, downsizers, second homeowners, retired couples and first-time buyers alike.


Situated on the site of the city’s first permanent railway station, opened in 1840 by the railway pioneer George Hudson, Hudson Quarter represents an exciting opportunity to live within the city’s ancient walls.


Palace Capital plc bought what was Hudson House in 2014, seeing the opportunity to create something exceptional for the city and continue the site’s central role for York – key to the city’s evolution as one of the best places to live and work in the UK.


The development is set around a landscaped courtyard and includes 127 apartments and around 40,000 sq ft of Grade A office space.  So far, 109 of the apartments have been sold or are under offer.


The remaining apartments range from two-bed apartments from £395,000 in price up to £795,000 for 3-bedroom penthouses offering amazing views of York and are finished to an extremely high specification.


Daniel Davies, Head of Asset Management at Palace Capital plc, said: “The successful development of Hudson Quarter has transformed this site from an outdated and largely vacant office building into a new community where people are living and working, set in a stunning environment.


“We are really pleased with the progress of the sales of the apartments thanks to the great efforts of our agents at Hudson Moody, the vibrant community that Hudson Quarter has now become.


“With the strong rental market in York, we expect the remaining apartments to go to investors as well as owner occupiers.”


Hudson Quarter has been recognised with the Gamechanger Award at The Variety Yorkshire Property Awards in Harrogate and the Best Residential Development of the Year for over 50 units at The Yorkshire Insider Property Awards in Leeds.  It was also shortlisted for the national Property Week Awards in the Placemaking Category.