Vine Street, York - £425,000 - Freehold

A characterful four bedroom terraced property, currently operated as a student let, situated just off the ever popular Bishopthorpe Road and within easy walking distance of York city centre. The property combines strong investment fundamentals with an unusual level of period charm, making it a rare proposition within this established rental location.

The ground floor opens into a bright communal living room, furnished as a comfortable lounge and featuring integrated storage cupboards and an attractive original fireplace which forms a natural focal point to the room. This leads through to a modern fitted kitchen, well equipped with stainless steel oven, hob and extractor, fridge freezer and washer dryer, alongside ample cupboard space. A standout feature of the kitchen is the retained original range cooker with fireplace surround, an increasingly rare and distinctive element, particularly within a student property.

Also located on the ground floor is a generously proportioned bedroom positioned to the front of the house, fully furnished and benefitting from good natural light.
The first floor provides three further bright and well sized bedrooms, all furnished and laid out to suit student occupation.

The property is ideally located for both the University of York and York St John, with a straightforward walk to campus via Millennium Bridge and the city centre reached in around ten minutes. Bishopthorpe Road is just moments away and offers an award winning parade of independent shops, cafes and amenities, including a late opening convenience store.

The property currently generates an income of £39,517 per annum, with gas, electric and water included within the rent and broadband provided, offering a straightforward and well established investment opportunity in one of York’s most consistently sought after student areas.

Floorplans and photographs are provided by the letting agent, Adam Bennett, and are for guidance purposes only.

ANTI-MONEY LAUNDERING COMPLIANCE
We are legally required to conduct Anti Money Laundering checks on all purchasers and sellers. These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed. If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks. We use a partner supplier MoveButler, to carry out these checks on our behalf. They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely. There is a non-refundable charge of £30 + VAT per purchaser for these checks. This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances. Ashtons receive a portion of this fee from Movebutler as compensation for facilitating these checks and our administrative role in the compliance process.

HMO Property
Tenants in place for 26/27
Four Bedroom
Off Bishopthorpe Road
Planning Permission and HMO License In Place
Gross Rental Income £39,517 per annum
EPC D

4 Bedrooms   |   1 Bathroom   |   1 Reception