3 bedroom End Terrace House for sale,

Wellington Street, York, North Yorkshire, YO10

Apartment 3: The top floor apartment currently has a tenant in situ and receives a monthly rent of £625 PCM. The apartment comprises: Entrance hall, living room, bedroom, kitchen, shower room and separate w/c.

For any further information please do not hesitate to contact the office. Viewing is strictly by appointment only.

Agent Note

To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

Main

Conway Cottage is a substantial three storey end town house built circa 1889 that has been sympathetically converted into three apartments with an income of £46,281 based on the financial year 2023 - 2024, which offers a yield in excess of 9%. Currently one of the apartments is a successful holiday let with 80% occupancy and the other two are on Assured shorthold tenancy agreements, if all three where to be holiday lets the rental potential would increase significantly.Apartment 1: The ground floor apartment currently has a tenant in situ and received a monthly rent of £775 PCM. The apartment is generous in size and comprises: Living room, bedroom, bathroom, kitchen dining area and private courtyard to the rear.Apartment 2: The first floor apartment is currently utilised as a holiday let and in the last financial year 2023 - 2024 has achieved a Gross income of £29,481 with an occupancy rate of 85%, and further more an occupancy rate exceeding 75% since the business started in 2014. The apartment comprises; Living room, bedroom, kitchen and shower room.Apartment 3: The top floor apartment currently has a tenant in situ and receives a monthly rent of £625 PCM. The apartment comprises: Entrance hall, living room, bedroom, kitchen, shower room and separate w/c.For any further information please do not hesitate to contact the office. Viewing is strictly by appointment only.

Agent Notes

To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.