7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Nunnery Lane, York, YO23
£757,000

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)

Description

This portfolio of five flats in York is a lucrative investment opportunity, generating a steady annual gross income of £63,000 from tenants currently in situ. The portfolio consists of two spacious two-bedroom units and three one-bedroom flats, all with well-appointed living areas and kitchens, with some featuring private courtyards. The flats are let on short-hold tenancies, with one operated as a holiday let, and offer amenities such as bicycle storage and a cellar in one of the holiday let apartments. The flats are situated across multiple floors, with varying layouts and amenities, including en-suite bathrooms, open-plan kitchens, and additional bedrooms. With a potential for future rental income, this portfolio is a worthwhile addition to an investor's property portfolio, and Let Property is committed to facilitating a smooth transaction process for buyer and seller.