Balfour Street, York
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- 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
- Tenant in situ - immediate income from completion, zero void risk
- 4.98% current gross yield, rising to 6.38% at market rent
- Freehold - no ground rent, service charge or lease-length concerns
- Strong, evidenced rent upside: £995 pcm now vs £1,275 pcm achievable
- Established, high-demand rental street in popular Holgate, York
- Low-maintenance mid-terrace, ideal for hands-off portfolio landlords
Description
Presented to the market is this three-bedroom freehold mid-terraced property on the popular Balfour Street, one of Holgate's most established rental roads and just a short distance from York city centre.
This is a genuine turn-key buy-to-let opportunity that removes the two biggest headaches for portfolio landlords — no void period and no lease uncertainty. A reliable, long-standing tenant is already in situ, currently paying £995 pcm, delivering a gross yield of 4.98% from day one of ownership. Local comparable lettings in the area are achieving up to £1,275 pcm, meaning a rent review or re-letting at market rate could increase the gross yield to 6.38% — comfortably outperforming the average UK buy-to-let return.
Being sold freehold, there's no ground rent, no service charge, and no lease-length complications to navigate with lenders, making this a straightforward addition to any portfolio.
Balfour Street benefits from strong, consistent tenant demand, with easy access to York railway station, the ring road, and well-regarded local schools including Saint Barnabas C of E Primary. Recent sales on the same street have achieved up to £264,999, reflecting healthy capital growth potential alongside the rental upside.
Offered with an EPC rating of D and a guide price of £240,000, early interest is anticipated from investors seeking a low-maintenance, income-producing asset with genuine scope to enhance returns. Contact us today to arrange further details or to discuss the investment case in full.
- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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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