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Primrose Lodge Holiday Cottages, Hull Road, Dunnington, York

£995,000
Stephensons, York
PROPERTY TYPE

Leisure Facility

BEDROOMS

9

BATHROOMS

8

SIZE

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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 2024 the annual turnover is £83,000 gross and it is the opinion of the writer that there is potential for this to be improved further.

House - The accommodation within the house includes three bedrooms and is currently let on an assured shorthold tenancy with a passing rent of £2,025 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 £1,115 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 £840 inclusive of bills.

Room 2 & 3 - Units 2 and 3 are combined under a single tenancy with a passing rent of £995 per calendar month inclusive of bills.

Room 4 - Unit 4 is a one bedroom holiday cottage, currently let on a monthly rent of £995 per calendar month inclusive of bills.

Room 5 - Room 5 is a one bedroom holiday cottage, currently let for £995 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

Primrose Lodge Holiday Cottages, Hull Road, DunninBrochure

Energy Performance Certificates

EE Rating

Primrose Lodge Holiday Cottages, Hull Road, Dunnington, York

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • York Station3.9 miles
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About Stephensons, York

17 Colliergate York YO1 8BP
Industry affiliations:
Expect Better with Stephensons

Stephensons Estate Agents is North Yorkshire's leading independent estate agent, selling homes for over 150 years.

Combining our traditional values of honesty, integrity and excellence, we pride ourselves on delivering an unmatched level of service, support and guidance at

every step of the journey and our unrivalled signature marketing strategy to get your home the exposure it deserves.

Our Approach

Starting a new chapter and selling your home to move onto new pastures,whether to relocate, grow your family,start a new job, or anything in between,is a huge life moment. We understand how moving homes can be one of the most stressful, lengthy and time-draining things someone can do. But, it doesn't have to be that way. Moments like this should be stress-free, efficient and enjoyable, and the right estate agent partner should hold your hand throughout the process from beginning to end, giving you the space, time and reassurance to focus on preparing for your next chapter.

Here at Stephensons, we pride ourselves on going above and beyond every time and providing you with the expert advice, local knowledge, honesty and support you need.

Established in 1871, we've been selling homes in North Yorkshire for over 150 years, and our reputation, gleaming feedback, and clients who return to market each of their homes with us throughout their lifetime speak for themselves.

Our Commitment to You

From your property's initial valuation to your sales completion, we commit to providing a truly exceptional service. Our multi-award-winning sales team, recognised at the EA Masters and British Properly awards, genuinely care and delivers our tried and tested process with keen attention to detail and a personal touch.

Beginning with a visit from one of our qualified and experienced property valuers, who will come to your home to conduct a discreet zero-obligation valuation of your property, we will walk alongside you through every step of your selling journey.

We are always happy to help and give you constant access to our decades of property and local area expertise.We pride ourselves on keeping in touch, regularly updating you on the progress of your sale, and delivering a personal, thoughtful, and tailored client experience.

Industry leading marketing

At Stephensons, we believe that marketing is everything. Our vision is to deliver a package of marketing for your home that is above and beyond anything that you could imagine is possible.

We don't just take some photographs, list your property, and move on. Instead, we work alongside our expert property and social media marketers to give your home the exposure it deserves by combining luxury and bespoke photography, premium video tours and features on all our social media accounts.

Remember to follow us on all our dedicated social media accounts to see us in action.

READY TO START YOUR NEXT CHAPTER?

We can't wait to accompany you on this journey of a lifetime and support you in securing the best possible price for your property and a timely sale.

Our dedicated sales team are on hand and waiting to start the process with you. If you have any further questions or would like to discuss more, please don't hesitate to get in touch. In the meantime, you can stay in touch with us and get a first peek at our off-market properties and new listings by following us on Instagram.

Call us: 01904 625533

Notes

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Disclaimer - Property reference 31646322. 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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