7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Nunnery Lane, York, YO23
£770,000

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 offers a rewarding investment opportunity for buyers. The flats, which include two two-bedroom and three one-bedroom units, are currently generating a steady annual gross income of £63,000 from tenants. The property features well-appointed living areas and kitchens, with some flats having private courtyards, and offers additional amenities such as bicycle storage and a cellar in the holiday let apartment. The flats are arranged over multiple floors, with a mix of en-suite bathrooms, open-plan living spaces, and separate bedrooms. With tenants currently in situ, this portfolio presents a worthwhile addition to an investor's property portfolio, offering potential for future rental income growth.