£540000 Fifth Avenue, York

Summary

INVESTMENT – An exciting opportunity to purchase this substantial property that is split into 3 apartments (top apartment is spread over 2 floors).

Flat 3 is let until 1 August 2022 and achieves £850pcm, Flat 2 is let until 15 August 2022 and achieves £775pcm and Flat 1 is still to come to the rental market around £650pcm to add to the pot!

The building is located close to the city centre off Fifth Avenue and was converted by the current owners around 5 years ago. Offering high end finishes throughout, superb balconies to 2 apartments and the provision of off street parking, this property is definitely one to view to appreciate in full.

Full Description

Flat 1 – Ground Floor

A 1 Bed apartment that should achieve around £650 pcm. on the rental market.

Flat 1 – Lounge/Diner

4.75m max x 7.67m max

Double doors to lobby. Radiator.

Flat 1 – Kitchen

5.49m max x 2.92m max (narrows to 1.52m)

Fitted with a range of units. Boiler. Built-in appliances. Double glazed window.

Flat 1- Bathroom

1.83m x 1.68m

Three piece suite. Double glazed window. Electric shower.

Flat 1 – Cloakroom

Toilet and sink. Heated towel rail.

Flat 2 – First Floor

Another lovely 1 bed apartment that should achieve between £650 – £700 pcm.

Flat 2 – Lounge/Diner

7.47m max x 4.75m

Double glazed window. Radiator. Open through to kitchen.

Flat 2 – Kitchen

6.86m max x 3.10m max (narrows to 0.74m)

Fitted with a range of units. Built-in appliances. 5 double glazed windows.

Flat 2 – Shower room

2.74m max x 2.13m max

His and hers sink. Toilet. Shower cubicle. Double glazed window.

Flat 2 – Bedroom

4.62m x 2.69m

Double glazed window. Radiator.

Flat 3 – Second & Third Floor

Spacious apartment spread over 2 floors (both doors off the landing need to be locked as it is not closed off from the floor below), that could achieve £800 – £850 pcm. on the rental market.

Flat 3 – Lounge/Diner/Kitchen area

7.44m inc kit x 4.70m

Double glazed windows to front and rear. Two radiators. Double doors out to the balcony.

The kitchen is fitted with a range of units. Built-in appliances. Breakfast bar.

Flat 3 – Balcony

A good sized space – ideal for entertaining (when we’re allowed!).

Flat 3 – Bedroom 1

4.62m x 2.72m

Two double glazed windows. Radiator.

Flat 3 – Shower room

2.87m max x 1.70m max

Toilet. Sink. Shower cubicle. Double glazed window.

Flat 3 – Bedroom 2

7.47m max x 7.01m max

Accessed off the 3rd floor, the huge room offers both sleeping and further living space! With two double glazed windows and two skylights. Two radiators.

Flat 3 – Ensuite bathroom

2.72m x 2.03m max

Three piece suite. Skylight.

Outside

There are access rights from the road to alongside the front of the building. The area to the side comes with the property and offers parking for numerous vehicles. Three bike sheds.

Council Tax Bands

Flat 1 – Band B
Flat 2 – Band B
Flat 3 – Band C

Key Features


  • Large Building Comprising 3 Flats
  • Off Street Parking
  • Long Lease
  • Luxury Spec Interiors
  • Over 2700 sq.ft.
  • High Yield Potential
  • Viewing Essential