Grove Place, Jackson Street, York - £1,550,000 - Freehold

This multi-unit freehold building comprising eight apartments offers an exceptional investment opportunity, complete with seven 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.

A RARE OPPORTUNITY TO ACQUIRE A MULTI UNIT FREEHOLD BUILDING OF 8 APARTMENTS CURRENTLY FULLY LET WITH POTENTIAL HOLIDAY LET APPLICATION.

Freehold Block of Apartments
8 Apartments
Seven Parking Spaces
Currently Tenanted Generating £86,580 gross per annum
Sought After Location
Modern Kitchens and Bathrooms
EPC Range From D - B

10 Bedrooms   |   8 Bathrooms   |   8 Receptions