>
Grove Place, Jackson Street, York 10 bed detached house for sale
Grove Place, Jackson Street, York
£1,500,000
Grove Place, Jackson Street, York
£1,500,000
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, located less than half a mile from York city centre and in the shadow of York Minster, offers an exceptional investment opportunity. The property, which comprises six one-bedroom and two two-bedroom apartments, is currently fully let and generating approximately £86,580 gross per annum. With its prime location and strong rental yield, the property has significant potential for short-term holiday lets, estimated to be significantly higher than the current gross income. The building features a communal lobby and stairwell, as well as secure parking, bin storage, and bike storage, making it an outstanding investment opportunity for those looking to capitalize on the growing demand for short-term lets in York's city centre.