Tang Hall Lane, York

A well presented, fully let 4 bedroom HMO offering a strong gross yield of 10.01%, in one of York’s most consistently sought after student locations.

The property currently generates £3,219 per month in rent. The landlord covers all utility bills (gas, electricity and water), plus free high speed broadband and a flat screen smart TV, at around £300 per month, leaving a gross annual income of £35,028. This all inclusive package is popular with student tenants and helps keep the property easy to let.

The kitchen and bathroom were upgraded in July/August 2024 alongside the boiler, so the main wear and tear items have been refreshed for a new owner.

The house is just a few minutes’ walk from the University of York, off Hull Road at the David Lloyd end. It is close to local shops and the post office, on a bus route, and has friendly neighbours on both sides.

The front has a gravelled area with off street parking for two cars. There is a secure bike shed and a private, low maintenance garden at the rear.

The house is bright and light, with four furnished bedrooms, each with its own TV aerial socket. There is a spacious kitchen with plenty of storage, a cosy sitting room and an upstairs bathroom.

The property is fully fire and safety compliant. It has gas central heating, a burglar alarm, mains wired and linked smoke detectors in every room, and double glazing throughout, so it is easy to keep warm.

An ideal purchase for an investor wanting a turnkey, income producing property in a proven student location.

Anti-Money Laundering Compliance - We are legally required to conduct Anti Money Laundering checks on all purchasers, sellers, and giftors. These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed. If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks. We use a partner supplier MoveButler, to carry out these checks on our behalf. They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely. There is a non-refundable charge of £30 + VAT per purchaser and per giftor for these checks.. This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances. Ashtons receive a portion of this fee from MoveButler as compensation for facilitating these checks and our administrative role in the compliance process.

* Please note we have used AI to remove furniture throughout the listing pictures. *