Micklegate, York
- BEDROOMS
10
- BATHROOMS
8
- SIZE
5,955 sq ft
553 sq m
- TENUREDescribes 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
- Generational Portfolio Available
- 8 Apartment block
- Incredible Commercial Aspect with two long term tenants
- Well Maintained and Managed
- 8-9% ROI
- Available as Individual Buildings or full portfolio
- High Tenant Retention
- Hands-off Investment
- STAMP DUTY CIRCA £47,000
Description
Naish Estate Agents have been instructed to facilitate the sale of a large investment portfolio in York city centre.
142 Micklegate has a total of 8 apartments and two commercial units with long term tenants situated along one of York's most popular and bustling locations- Micklegate.
Micklegate is described by the city of York Council as 'one of the most handsome streets in Yorkshire' with the majority of buildings being three of four storey Georgian structures.
The street runs East from York city walls at Micklegate Bar which due to its historic importance is regarded as the Royal entrance to the city and is a stones throw from York Train Station.
The properties have been under the same ownership for generations and a sale presents an incredible opportunity for buyers looking to achieve high return on investment.
The 8 apartments have been tenanted consistently with low void periods through the help of our letting department. The properties have been well maintained and managed appropriately to ensure consistent rental income and high tenant retention.
The commercial aspects of the building include a Bridal shop and an embroidery shop.
There are other freehold blocks with mixed us available
The total annual rental income from 142 Micklegate was £103,940 in 2024
Total residential rent in 2024-
£82,670
Total Commercial rent in 2024
£21,270
Buyers can expect a yield between 8-9%
Viewings and further information is available strictly through Naish Estate Agents. Please contact for further details and information in the rest of the portfolio
Brochures
Micklegate, 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Micklegate, York
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Visit our security centre to find out moreDisclaimer - Property reference 33909472. 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 Naish Estate Agents, 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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