Spurriergate, York, North Yorkshire, YO1
- PROPERTY TYPE
Flat
- BEDROOMS
6
- BATHROOMS
3
- SIZE
1,819 sq ft
169 sq m
Key features
- Three 2-bedroom Flats
- Prime York City centre location
- Successful holiday let investment
- Planning permission to convert to residential tenancy use
- Impressive Average Annual Holiday Let Gross Income of £142,000
- Modern Decor Throughout
- Electric Heating
- Fitted open plan kitchen-living space in each flat
- Bathrooms with shower cubicles
Description
A rare and lucrative opportunity to acquire a block of three self-contained two-bedroom flats arranged over three floors in the heart of York City Centre. Currently run as highly successful holiday lets, the property generates an impressive average gross annual income of approximately £142,000, highlighting its strong performance and exceptional year-round demand.
Each apartment is well-presented with modern décor, practical layouts, fitted kitchens and bathrooms, and electric heating throughout, making them ideal for both short-stay guests and long-term tenants. The building is sold with planning permission already granted to convert the units to residential lets, offering remarkable flexibility for investors seeking either continued high-yield short-stay income or long-term residential rental security.
Positioned in a vibrant, always-busy central location, this property offers consistent occupancy, outstanding rental potential, and a rare investment opportunity in one of the UK's most iconic and desirable historic cities. Each flat is fully self-contained and well-suited to both guest accommodation and permanent tenancies.
The property further benefits from a new 999-year lease and peppercorn ground rent, ensuring long-term peace of mind with minimal ongoing costs.
Key Information
Long Leasehold: 999 years
Ground Rent: Peppercorn
Current Operation: Successful holiday let business
Planning Permission: Granted for conversion to residential tenancy use
Average Gross Annual Holiday Let Income: £142,000
Location: Prime central York
This is a fantastic, high-yield investment with proven performance, long-term flexibility, and an unbeatable city centre location. Early viewing is strongly recommended.
- 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.
- Band: TBC
- 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.
- Ask agent
Spurriergate, York, North Yorkshire, YO1
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 10724814. 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 Yorhouse, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.