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Grove Place, Jackson Street, York 10 bed detached house for sale
Grove Place, Jackson Street, York
£1,550,000
Grove Place, Jackson Street, York
£1,550,000
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, with eight apartments and seven parking spaces. The property is currently fully let, generating approximately £86,580 gross per annum, and has the potential for significantly higher income from short-term holiday lets. The apartments, comprising six one-bedroom and two two-bedroom units, are fully self-contained with their own kitchens and bathrooms, and are accessed via a communal lobby and stairwell. The property also features a secure communal bin store and bike storage area. With its prime location and strong rental yield, this property presents an outstanding investment opportunity.