This multi-unit freehold building comprising eight apartments offers an exceptional investment opportunity, complete with eight parking spaces. Ideally located less than half a mile from York city centre and in the shadow of York Minster, the property benefits from a highly desirable setting.
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. The accommodation consists of six one-bedroom apartments and two two-bedroom apartments, all fully self-contained with their own kitchens and bath or shower rooms.
A communal lobby and stairwell provide access to the apartments across three floors, while a secure communal bin store and bike storage area are conveniently accessible from the car park. With its prime location and strong rental yield, this property presents an outstanding investment opportunity.
