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House For Sale £450,000
Cranbrook Road, York YO26


Description
*INVESTMENT OPPORTUNITY* 3 self-contained one-bedroom flats, all are currently rented giving an annual income in excess of £24,000, giving a yield at asking price of over 5.7%. A dormant leasehold company exists to facilitate the sale of individual units in the future.
 

FLAT 1 A bright kitchen/living room leads to a bathroom and a bedroom with well-insulated patio doors onto an enclosed private garden. EPC grade C, council tax grade A. 

FLAT 2 A large kitchen dining space in the bay window leads to a cosy living room with patio doors into a private enclosed garden. The bedroom overlooks the garden and has an en-sutie shower room.  

FLAT 3 Set over 2 floors this is the largest flat, containing the entire first floor and attic. This flat comprises a large kitchen dinner running the whole with of the house, a comfortable lounge, a bathroom and a spacious attic bedroom.  

COMUNAL AREAS The property benefits from a communal bike store and meter cupboard as well as connecting hallways. The front of the property is gravelled an suitable for parking multiple cars.  

This is a freehold property, registered with the lands registry as 3 separate units, each unit is council tax band A. EPCs are instructed.  

Follow the link for more information:
        
onthemarket.com

  
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