33 Seventh Avenue, York, North Yorkshire YO31 0TZ

GBP 150,000
For Sale

Property Details

Bedrooms

4

Bathrooms

1

Property Type

Terraced house

Description

Property Details: - Type: Terraced house - Bedrooms: 4 - Bathrooms: 1

Agent: Auction House - South Yorkshire Phone: 0114 488 7177

<p>Auction Commencing on Monday 01st June from 1pm and ending 22 hours later on Tuesday 02nd June from 11am with Auction House. <br/> <br/>Please register to bid via our website - auctionhouse.co.uk.</p><p>Tenanted 4-bed HMO in York generating £1,550 PCM, with licence in place and strong investment potential.</p><p>A well-positioned mid-terrace property located within a popular residential area of York, offering an excellent opportunity for investors seeking an income-producing asset. <br/> <br/>The property is currently arranged and let as a House in Multiple Occupation (HMO) with four tenants in situ, generating a gross rental income of approximately £1,550 per calendar month (£18,600 per annum). The tenants are responsible for their own utility bills, with the landlord covering council tax. <br/> <br/>Internally, the accommodation is understood to comprise multiple letting rooms alongside shared facilities, suited to ongoing HMO use. Externally, the property benefits from a front forecourt and on-street parking, typical of this style of property. <br/> <br/>We are advised that the property operates under a mandatory HMO licence, providing reassurance for continued compliant use (subject to buyer verification). <br/> <br/>The location offers convenient access to York city centre, local amenities, and transport links, making it an attractive option for tenants and supporting consistent occupancy levels. <br/> <br/>Key Features: <br/> <br/>Mid-terrace investment property <br/>Established HMO with 4 tenants in situ <br/>Approx. income: £1,550 PCM / £18,600 per annum <br/>Tenants pay utilities; landlord pays council tax <br/>Mandatory HMO licence in place (subject to confirmation) <br/>Popular residential location close to York city centre <br/> <br/>Tenure: Freehold <br/>EPC Rating: F <br/>Council Tax: Paid by landlord <br/> <br/> <br/>A ready-made investment opportunity offering immediate income, ideal for both seasoned and first-time investors.</p><p><b>Tenure:</b> Freehold</p><p><b>EPC Rating:</b> E</p><p><b>Administration Fee:</b> £3600 inc VAT payable on exchange of contracts.</p><p><b>Disbursements:</b> Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.</p>

Location

Address

33 Seventh Avenue, York, North Yorkshire YO31 0TZ

City

North Yorkshire YO31 0TZ

Features and Finishes

None

Legal Notice

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