7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Nunnery Lane, York, YO23
£740,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This property portfolio in York comprises five flats, including two two-bedroom and three one-bedroom units, generating a steady annual gross income of £63,000 from tenants currently situated. The flats feature well-appointed living areas and kitchens, with some having private courtyards, and offer additional amenities such as bicycle storage and a cellar. The portfolio includes a mix of short-hold and holiday let tenancies, providing a diverse income stream. With a strong potential for future rental income, this is a rewarding investment opportunity for investors looking to expand their property portfolio.