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Freehold

£1,500,000

10 bed detached house for sale

Grove Place, Jackson Street, York YO31
10 beds
8 baths
8 receptions
Email agent

£1,500,000

10 bed detached house for sale
Grove Place, Jackson Street, York YO31

    • 10 beds

    • 8 baths

    • 8 receptions

  • EPC Rating: C

Freehold

About this property

  • 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

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.

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