Nunnery Lane, York YO23 7 bed block of apartments for sale

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Nunnery Lane, York YO23 7 bed 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)
  • Investment potential detailed below (Let Property Pack)

Description

This portfolio of five flats in York offers a rewarding investment opportunity for investors seeking steady rental returns. The flats, which include two two-bedroom units and three one-bedroom units, are currently generating an annual gross income of £63,000 through a mix of short-hold tenancies and a holiday let. The properties feature well-appointed living areas and kitchens, with some benefiting from private courtyards and bicycle storage. The flats are located on various floors, with Flat 1 featuring an en-suite bathroom, Flat 2 having an additional bedroom on the second floor, and Flat 5 being a ground-floor holiday let. With a purchase price and potential rental income that could increase in future years, this portfolio is a worthwhile addition to an investor's property portfolio.