House For Sale £2,200,000
Clarence Street, York

A multi unit freehold building of 13 apartments and 8 parking spaces. The property represents an incredible investment opportunity with all thirteen properties let with a gross annual income of approximately £130,480 per annum. This is a freehold property so has the potential to be used for short term letting and therefore increase revenues.

The property is situated less than mile from York city centre with easy access to both St johns university and York Hospital.

Built in two blocks with a central parking courtyard approximately 17 years ago the property has a front entrance onto Clarence Street by foot and vehicular access from Brook Street to the Rear.

The accommodation includes 6 two bedroom apartments and 7 one bedroom apartments; all self contained with their own kitchens and bath or shower rooms.

There is also a communal lobby and stairwell providing access to the apartments over four floors to the front block and a three storey rear block. with both a secure communal bin store and secure communal bike store accessible from the car park. There are five parking spaces in the central courtyard and a further three spaces that are currently let out on an annual income to the rear.