1 Bedroom Detached House To Rent on Clarence Street, York

About this Property

This multi-unit freehold building located in York features 13 self-contained apartments and 8 parking spaces, presenting an exceptional investment opportunity. Currently, all thirteen units are rented out, generating a gross annual income of approximately £156,000, with additional earnings of £4,800 per year from separately let parking spaces.

Key Features

• Investment Potential: Fully let with a substantial gross annual income.
• Location: Less than a mile from York city centre, close to local universities and hospitals.
• Apartment Layout: Comprises 6 two-bedroom and 7 one-bedroom apartments.
• Access: Front entrance on Clarence Street with rear vehicular access from Brook Street.
• Parking: 8 dedicated parking spaces, including 4 let out separately.
• Communal Facilities: Secure communal bin and bike storage available.

Interior

Living Areas

The building features a communal lobby and stairwell providing access to the apartments spread across four floors in the front block and three floors in the rear block. Each apartment is self-contained, ensuring privacy and independence.

Bedrooms

The apartments include a mix of one and two-bedroom layouts, designed to maximize space and comfort, with ample natural light throughout.

Bathrooms

Each unit is equipped with its own bathroom, featuring either a bath or shower, catering to all tenant preferences.

Location & Area

Situated in a prime area of York, the property is conveniently located near:

• City Centre: Less than a mile from the vibrant heart of York.
• Education: Close proximity to St John's University.
• Healthcare: Near York Hospital, providing easy access to medical services.
• Amenities: A range of local shops and cafes within walking distance.
• Transport Links: Excellent connectivity to public transport options.