Grove Place, Jackson Street, York 10 bed detached house for sale

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Grove Place, Jackson Street, York 10 bed detached house for sale

Grove Place, Jackson Street, York
£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 eight-unit freehold building is an exceptional investment opportunity, located just a short walk from York city centre and York Minster. The property is currently fully let, generating a gross income of approximately £86,580 per annum, with potential for significant growth through short-term holiday lets. The building consists of six one-bedroom and two two-bedroom apartments, all with their own kitchens and bathrooms, across three floors. With a secure car park, bike storage, and communal areas, this property offers a rare chance to acquire a multi-unit freehold building in a highly desirable location, with a strong rental yield and potential for further growth.