Block of flats

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Block of flats

Nunnery Lane, York YO23
£790,000

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 for those seeking a steady and rewarding rental return. The flats, which include two two-bedroom units and three one-bedroom flats, are currently generating an annual gross income of £63,000 through short-hold tenancies and a holiday let. The properties feature well-appointed living areas and kitchens, with some benefiting from private courtyards and additional storage. The holiday let apartment also includes a cellar. With tenants already in place, this portfolio offers a low-risk investment opportunity with potential for future growth.