Summary
*** INVESTMENT OPPORTUNITY *** 4 BED HMO LET UNTIL 10 JULY 2023 *** Achieving £106pppw excluding bills *** £127pppw including the bill package paid to the agent *** Popular location for the University of York *** Walking distance to the city centre *** Path and cycle track along the river *** On street parking *** No onward chain *** EPC rating D *** Council Tax band B
Full Description
Current Tenancy Details
Let agreed to a group of 4 students for 2022/23 paying £424 per week on a furnished basis and excluding bills.
Generating a gross annual income in the region of £22,048
6.9% gross yield at asking price of £320,000
Managed by Sinclair Properties
Location
Ideal location for students being just 1 mile to the University of York Campus West and 0.7 miles along a lovely riverside walk or cycle to the city centre.
Entrance
Timber door with top light over.
Lobby
Hall
Radiator. Stairs to first floor.
Lounge
3.48m x 3.30m
Sash window. Radiator. Decorative fireplace.
Kitchen
2.06m x 2.74m;3.05m
Fitted with a range of base and wall units. Space and plumbing for washing machine. Built-in oven and hob. Space for tall fridge freezer. Radiator. Boiler. Under stairs storage. Window. Part opaque glazed door to courtyard.
Bathroom
1.70m x 1.96m
Comprising bath with shower over and wash hand basin. Opaque window. Radiator.
WC
Toilet. Opaque window.
Bedroom 1 (Ground Floor)
3.28m x 3.23m max
Two sash windows. Radiator. Decorative fireplace.
First Floor Landing
Galleried landing. Sash window. Access to loft.
Bedroom 2
4.32m max x 3.28m
Built-in storage. Decorative fireplace. Two windows. Radiator.
Bedroom 3
2.64m max x 3.48m
Built-in storage. Decorative fireplace. Sash window. Radiator.
Bedroom 4
2.01m x 2.95m
Sash window. Radiator.
Outside
To the rear of the property is a walled courtyard with gate access. Brick built store with power and light.
Additional Information
Council Tax Band B
EPC Rating D
The property is let through Sinclair, they manage the property and require a new buyer to remain.
