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Crossley Court, Clarence Street, City Centre

£2,250,000

Business rates & charges may apply

Milburns Commercial Ltd, North Yorkshire
SIZE

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SECTOR

Residential development for sale

Key features

  • Freehold Block Of Apartments
  • 13 Apartments
  • 8 Parking Spaces
  • Gross Annual Income of £156,000
  • Modern Construction
  • Potential For Holiday Letting
  • EPC's TBC

Description

A multi unit freehold building of 13 apartments and 8 parking spaces. The property represents an incredible investment opportunity with all thirteen properties let with a gross annual income of approximately £156,000 per annum with additional income of £4800 per annum for four parking spaces let separately to tenancies'. This is a freehold property so has the potential to be used for short term letting and therefore increase revenues.

The property is situated less than mile from York city centre with easy access to both St johns university and York Hospital.

Built in two blocks with a central parking courtyard approximately 19 years ago the property has a front entrance onto Clarence Street by foot and vehicular access from Brook Street to the Rear.

The accommodation includes 6 two bedroom apartments and 7 one bedroom apartments; all self contained with their own kitchens and bath or shower rooms.

There is also a communal lobby and stairwell providing access to the apartments over four floors to the front block and a three storey rear block. with both a secure communal bin store and secure communal bike store accessible from the car park. There are five parking spaces in the central courtyard and a further three spaces that are currently let out on an annual income to the rear.

Brochures

Crossley Court, Clarence Street, City Centre

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • York Station0.7 miles
  • Poppleton Station2.7 miles

About Milburns Commercial Ltd, North Yorkshire

5 High Petergate York YO1 7EN

Notes

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Disclaimer - Property reference 34380480. 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 Milburns Commercial Ltd, North Yorkshire. 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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