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2 bedroom apartment for sale
Bishopfields Drive, York, North Yorkshire, YO26
£220,000
Bishopfields Drive, York, North Yorkshire, YO26
£220,000
Our Summary
- This 2-bedroom, 2-bathroom flat is fully tenanted, professionally managed, and in excellent condition, offering immediate rental income and long-term capital growth potential
Description
This is an exceptional investment opportunity to acquire a well-maintained 1st floor leasehold flat in the desirable Bishopfields area of York. The 2-bedroom, 2-bathroom flat is fully tenanted, professionally managed, and in excellent condition, offering immediate rental income and long-term capital growth potential. With an asking price of £220,000, this property provides a gross yield of approximately 7.1% and is available for investors seeking a hands-free investment or out-of-area investors. The property benefits from a 124-year remaining lease, current rent of £1,300 per month, and is within walking distance to key amenities. Pure Lettings offers a comprehensive property management and lettings service, ensuring landlords benefit from a single point of contact across their entire portfolio. This investment provides a solid yield, strong tenant demand, and capital growth potential, making it a turnkey investment with immediate returns.