St Marys Avenue, Harrogate, North... 5 bed terraced house for sale

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St Marys Avenue, Harrogate, North... 5 bed terraced house for sale

St Marys Avenue, Harrogate, North Yorkshire, HG2
£575,000

Our Summary

  • INVESTMENT OPPORTUNITY- Victorian mid terrace containing a two bedroom flat and three, 1 bed self-contained flats all let and income producing
  • 3% based upon the asking price, therefore making this an ideal investment opportunity

Description

This Victorian mid-terrace property offers a unique investment opportunity, comprising a two-bedroom flat and three one-bedroom self-contained flats, all fully let and generating a current annual income of £41,700, representing a yield of 7.3% based on the asking price. The properties boast gas-fired central heating and Upvc double glazing, and are situated in St Marys Avenue, off Cold Bath Road, within walking distance of the town centre. The apartments have been and will continue to be in high demand due to their prime location, with each flat generating a significant income per month: Flat 1 - £950, Flat 2 - £800, Flat 3 - £850, and Flat 4 - £875, totaling £3,475 per month.