York Road, Acomb, York

£550,000

Guide price

  • Bedrooms: 9
An exciting opportunity to purchase this substantial investment property, located a few minutes walk from Acomb shops. The sellers have rented rooms in this HMO for over 20 years continuously and are only selling due to retirement.

Currently, there are a few rooms they have chosen not to rent out, and their current rates are below the current market, so there is great scope for development! Likely potential annual income should be in the region of £38,000 by a motivated new landlord.

Further development may be possible with the large cellar, and the yard and garage to the rear. This one is sure to be of interest to the astute seasoned investor.

Room 7

4.22m x 3.81m (13'10 x 12'6)

Room 8

3.73m x 3.63m (12'3 x 11'11)

Shower Room

Room 9

3.23m x 2.97m (10'7 x 9'9)

Room 4 - Living Space

3.81m x 3.51m (12'6 x 11'6)

Room 4 - Bedroom

2.84m x 2.13m (9'4 x 7')

Room 5

3.68m x 3.89m (12'1 x 12'9)

Shower Room

Room 6

3.56m x 2.77m (11'8 x 9'1)

Room 1 - Living Space

3.84m x 3.66m (12'7 x 12')

Room 1 - Kitchen

4.22m x 2.01m (13'10 x 6'7)

Room 2

3.89m x 3.68m (12'9 x 12'1)

Shower Room

Room 3

4.42m x 2.74m (14'6 x 9')

Yard

Nice sized yard that leads to the brick garage.

Garage

4.62m x 2.90m (15'2 x 9'6)

Development Opportunity

It is possible that the garage and yard area could be developed into a separate dwelling. This is subject to planning permissions and all the usual development challenges. The owners intend to add an overage, should development happen in future.

Cellar

Arrange viewing 01904 270113

Quantum - York

6 Walmgate, York

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