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Hull Road, Dunnington, York

PROPERTY TYPE

Detached

BEDROOMS

9

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Investment Opportunity
  • 5 Holiday Cottages
  • House & Bungalow
  • Home Office with Residential Potential
  • Double Garage Block
  • Communal Gardens and Parking
  • £65,000 Gross Turnover
  • Well Maintained Accommodiation
  • Huge Post-Covid potential
  • No Onward Chain

Description

**** FOR SALE AS A GOING CONCERN ****

An rare investment opportunity situated on the edge of Dunnington comprising a number of rental and holiday cottage units with huge potential post Covid to improve the annual turnover.

Foreword - An outstanding opportunity for property investors to acquire Primrose Lodge which has been separated and developed over many years, creating a substantial yearly turnover with huge potential post Covid for rental improvement. The property is currently separated into seven lettable units including an owner-occupied office.

The property is perfectly set up for holiday accommodation although at present with Covid restrictions the properties are let on monthly rental agreements. As at April 2021 the annual turnover is £65,400 gross and it is the opinion of the writer that there is potential for a 6 figure gross annual turnover post Covid.

House - The accommodation within the house includes three bedrooms and is currently let on an assured shorthold tenancy with a passing rent of £1350 per calendar month inclusive of all bills.

The Bungalow - The Bungalow offers two bedroom living accommodation and is currently let on an assured shorthold tenancy with a passing rent of £1,040 per calendar month inclusive of bills.

Room 1 - Room One is a studio flat currently let on a monthly agreement with a passing rent of £735 inclusive of bills.

Room 2 & 3 - Units 2 and 3 are combined under a single tenancy with a passing rent of £750 per calendar month inclusive of bills.

Room 4 - Unit 4 is a one bedroom holiday cottage, currently let on a monthly rent of £800 per calendar month inclusive of bills.

Room 5 - Room 5 is a one bedroom holiday cottage, currently let for £775 per calendar month inclusive of bills.

Office - The vendors of this property currently occupy a ground floor self-contained unit which has potential to be converted into a one or two bedroom holiday cottage.

To The Outside - The property is situated directly off Hull Road on the edge of Dunnington, offering quick and easy access to the both the city centre of York and as well as the A64 York to Leeds Road. There is a charming front lawned garden which has been meticulously maintained and presented.

There is off street parking for numerous motor vehicles in addition to a detached double garage block again offering an opportunity for a monthly or yearly income.

There is hardstanding and communal gardens giving the tenants the opportunity for outside relaxation and entertaining and this opportunity is being offered for sale with no onward sale.

Agents Note - Further details of the outgoings and individual tenancy agreements are available via request from the selling agent.

Brochures

Hull Road, Dunnington, YorkBrochure

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Hull Road, Dunnington, York

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • York Station5.1 miles
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About the agent

Stephensons, York

17 Colliergate York YO1 8BP

Expect Better with Stephensons

We are proud to be North Yorkshire's largest independent estate agent. Established in 1871, our knowledge and experience of the local land and property market remains unrivalled in the 21st century. We combine the traditional values of honesty, trustworthiness and unmatched customer service with a dynamic, progressive and flexible approach to modern day market conditions.

We provide a friendly and approachable service, and aim to work in partners

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Disclaimer - Property reference 31646311. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stephensons, York. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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