£1,400,000 /Sale price

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.