Standout Features
- INVESTMENT PROPERTY WITH TENANTS IN SITU
- 3 self-contained flats
- Annual income of over £24,000 per annum and over a 6% yield
- Driveway parking for multiple cars
- Each decorated to a high standard
- Close to green spaces
- Freehold property, with future option to sell on the flats individually
- Each flat is assessed individually for Council Tax - all are Band A
- Each flat is assessed individually for EPC's - Grades E, E, and C
Property Description
*INVESTMENT OPPORTUNITY* 3 self-contained one-bedroom flats, all currently rented giving an annual income in excess of £24,000, giving a yield at asking price of over 6%. A dormant leasehold company exists to facilitate the sale of individual units in the future.
FLAT 1 A bright kitchen/living room leads to a bathroom and a bedroomwith well-insulated patio doors, leading onto an enclosed private garden. EPC grade C, council tax grade A.
FLAT 2 A large kitchen-dining space leads to a cosy living room with patio doors into a private enclosed garden. The bedroom overlooks the garden and has an en-sutie shower room. EPC grade E, council tax grade A
FLAT 3 Set over 2 floors this is the largest flat, flowing over the entire first floor and attic. This flat comprises a large kitchen-diner running the whole width of the house, with a comfortable sized lounge, bathroom and a spacious attic bedroom.
COMMUNAL AREAS The property benefits from a communal bike store and meter cupboard as well as connecting hallways. The front of the property is gravelled and suitable for parking multiple cars.
The 3 flats have individual leasehold titles, and the sale also includes the communal area and the freehold title to the whole property, each unit is council tax band A and can be utilised or sold individually.
FLAT 1 A bright kitchen/living room leads to a bathroom and a bedroomwith well-insulated patio doors, leading onto an enclosed private garden. EPC grade C, council tax grade A.
FLAT 2 A large kitchen-dining space leads to a cosy living room with patio doors into a private enclosed garden. The bedroom overlooks the garden and has an en-sutie shower room. EPC grade E, council tax grade A
FLAT 3 Set over 2 floors this is the largest flat, flowing over the entire first floor and attic. This flat comprises a large kitchen-diner running the whole width of the house, with a comfortable sized lounge, bathroom and a spacious attic bedroom.
COMMUNAL AREAS The property benefits from a communal bike store and meter cupboard as well as connecting hallways. The front of the property is gravelled and suitable for parking multiple cars.
The 3 flats have individual leasehold titles, and the sale also includes the communal area and the freehold title to the whole property, each unit is council tax band A and can be utilised or sold individually.
Material Information
- Tenure: Freehold
- Council Tax Band: A
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Cranbrook Road, York
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