Garth Terrace, Clifton, York YO30
Property Details
5
None
Description
Property Details: • Type: N/A
• Bedrooms: 5 • Bathrooms: 0
Description: ** Turn-key Investment ** HMO in the heart of York ** £48,232 rental income pa ** No bills included in the rent ** Let to 5 tenants on one AST ** EPC D C Tax B ** 5 bedrooms 3 bathrooms **<br><br>This is a rare opportunity to acquire a fully tenanted, turn-key HMO in the heart of York; one of the UK's most resilient student rental markets.<br><br><em>Why This Property Stands Out:</em><br><br>** Producing £48,232 per annum with no bills liability, its a clean, high-yielding income stream<br>** 5 students on a single AST provides a simplified management with unified tenancy agreement<br>** Fully HMO licensed and compliant, so there's no regulatory work required<br>** Furnished and modernised throughout, making it attractive to future tenants - the property has a back to back letting history.<br>** York's student market benefits from two leading universities driving consistent demand, the property is also ideally situated within walking distance from York District Hospital!<br>** Income secured through to the end of August 2026, giving the potential of immediate returns from completion.<br><br><em>Key Information: </em><br><br>** 5 Double Bedrooms<br><br>** 2 Bathrooms + 1 ensuite<br><br>** Kitchen with separate utility<br><br>** One Lounge<br><br>** Currently let to 5 occupants on one AST<br><br>** Current annual income of £48,232 with no bills included<br><br>** Gross Yield based on advertised guide price of £550,000 and current annual rent is 8.76%<br><br><em>The Area</em><br><br>York is home to two highly regarded universities (the University of York and York St John University) with a combined student population of approximately 27,000.
Location
Address
Garth Terrace, Clifton, York YO30
City
Clifton
Features and Finishes
None
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