Princess Drive, York - £360,000

GREAT INVESTMENT OPPORTUNITY

Generating over £ 24,000 per annum in rental income, this high-end HMO property offers 4 bedrooms, all with en-suite bathrooms, and shared kitchen/dining room, separate lounge with French windows to the rear garden, and a utility room off the kitchen.

Finished to a high standard to attract young professional tenants, each on individual assured shorthold contracts (ASTs), this fully tenanted modern townhouse is situated in a good location for access to the city centre, York train station, and is close to local amenities and transport routes.

Rental demand for this property is very high, which has a proven occupancy rate of over 99% per annum, and rental yields of around 7% per annum.

The property is spread over 3 floors. On the ground floor the front door leads to an entrance hall, from which there are doors to a downstairs WC/cloakroom, storage cupboard, an open plan fitted kitchen/dining area leading on to the utility room, and a separate lounge area, which has French windows leading to the back garden and a bay window overlooking parkland to the front. The back door off the utility room leads to the rear garden, mainly laid to lawn, and access to a SINGLE GARAGE from a rear shared driveway.

The first and second floor each feature two double bedrooms, all with their own private en-suite bathrooms (4 bedrooms plus 4 en-suites in total). The property is double glazed throughout, with a gas-fired central heating system. A Gledhill boiler provides a fully pressurised hot water system. Energy rating 76 (a very high C rating).

INVESTMENT PROPERTY

List of Rooms:

Entrance Hall - Kitchen/Diner - Living Room - Utility Room - WC - Four Bedrooms - Four Three Piece Bathroom Suite - Rear Garden - Detached Garage - Offered with No Onward Chain

Modern Town House
Investment Property
Four Bedrooms
Four Bathrooms
Working Professionals
EPC TBC

4 Bedrooms   |   4 Bathrooms   |   2 Receptions