10 bedroom detached house for sale

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10 bedroom detached house for sale

Grove Place, Jackson Street, York YO31
£1,400,000

Our Summary

  • This multi-unit freehold building comprising eight apartments offers an exceptional investment opportunity, complete with seven parking spaces
  • Currently generating approximately £86,580 gross per annum from residential lettings, the potential gross income from short-term holiday lets is estimated to be significantly higher
  • With its prime location and strong rental yield, this property presents an outstanding investment opportunity
  • A RARE OPPORTUNITY TO ACQUIRE A MULTI UNIT FREEHOLD BUILDING OF 8 APARTMENTS CURRENTLY FULLY LET WITH POTENTIAL HOLIDAY LET APPLICATION

Description

This multi-unit freehold building in York city centre offers an exceptional investment opportunity, comprising eight apartments across three floors, including six one-bedroom and two two-bedroom units. The property is currently fully let, generating approximately £86,580 gross per annum from residential lettings, with potential for significantly higher income from short-term holiday lets. The building benefits from a highly desirable location, just a short walk from York Minster, and features a secure car park with seven parking spaces, communal lobby, stairwell, and bin store. With its prime location and strong rental yield, this property presents an outstanding investment opportunity.