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Union Terrace, York 1 bed apartment for sale
Union Terrace, York YO31
£155,000
Union Terrace, York YO31
£155,000
Our Summary
- IDEAL INVESTMENT PROPERTY AVAILABLE CHAIN FREEA one bedroom, second floor apartment situated just off Clarence Street, being a 5 minute walk to York District Hospital and a 3 minute walk (for the average person) to York St John University - an ideal Investment opportunity (No Holiday Lets permitted) the anticipated rental income form here would be £800-850 PCM - giving a yield of 6%+
Description
This ideal investment property is a one-bedroom, second-floor apartment located just off Clarence Street in York, within walking distance to York District Hospital and York St John University. The property boasts a recently decorated and carpeted communal hallway, a bright and modern interior, and features a good-sized double bedroom, modern shower room, and a light and airy kitchen-living area with Velux roof lights. With an anticipated rental income of £800-850 PCM, the property offers a yield of 6%+. The property is leasehold, with a 999-year lease, and includes a share of the freehold. The service charge is £365 per annum, which covers building insurance, communal area cleaning, and external maintenance. Subletting is allowed, but holiday lets are not permitted. The property is also pet-friendly, allowing one well-behaved small pet, and comes with permit parking on the street.