Spread the balance over 12 years - 4 bed house plus two apartments in York

Description

Income Producing Investment Property
An excellent income-generating property in York consisting of a detached four-bedroom house plus a separate building containing two one-bedroom apartments, all situated on a generous plot with private garden and off-street parking.

This unique setup provides multiple rental streams and strong long-term investment potential in one of the UK’s most desirable and historic cities.

The property is currently fully tenanted, generating £3,100 per month in rental income.

Purchase Terms
Price: £750,000

Payable over 144 months
£5,208 per month
No mortgage required
No interest payable

Current rental income:
Main house: £1,800 per month
Apartment 1: £650 per month
Apartment 2: £650 per month
Total rental income: £3,100 per month

Main House
The main residence is a spacious detached four-bedroom home offering comfortable family living.

Inside, the property features:
Entrance hallway leading into a large living room with wood-burning stove
Separate dining room
Large breakfast kitchen with island unit and range cooker
Utility room and downstairs WC
Four bedrooms upstairs including three double bedrooms
One bedroom with en-suite shower room
Family bathroom serving the remaining bedrooms

The layout provides generous living space suitable for both owner-occupiers or tenants.

Two Self-Contained Apartments
To the side of the main house is a separate building containing two one-bedroom apartments.

Each apartment includes:
Living room
Kitchen
Double bedroom
Shower room

These units provide independent rental income and strong demand from tenants looking for accommodation close to York.

Outside Space
The property sits on a large plot with ample off-street parking to the front.

The rear garden is mainly laid to lawn and offers excellent outdoor space including:
Raised decking area
Hot tub
Pizza oven
Brick built BBQ
Garden cabin currently used as a gym / bar

This outdoor setup makes the property ideal for both residents and potential short-term rental opportunities.

Location – York
The property is located to the west of York, providing easy access to the outer ring road and the city centre.

York is one of the UK’s most visited historic cities and attracts millions of tourists each year.

Nearby attractions include:
York Minster
The Shambles medieval street
York Racecourse
National Railway Museum
Clifford’s Tower
Historic city walls
Excellent restaurants, cafés and shopping

The area is popular with both residents and tourists, creating strong demand for rental accommodation.

Excellent Transport Links
The property is also conveniently located for transport:
York Train Station – approximately 10 minutes away
Direct trains to London in under 2 hours
Easy access to the A1237 York ring road
Good connections to Leeds, Manchester and the wider Yorkshire region

York’s strong economy, tourism sector and excellent rail links make it one of the most attractive cities in the UK for property investment.

Highlights
• Detached 4 bedroom house
• Two self-contained apartments
• £3,100 monthly rental income already in place
• Large plot with garden and outdoor entertainment area
• Popular tourist city with strong rental demand
• No mortgage required
• No interest payable
• Payable over 12 years

Ad ID: 1511532502