Tenanted 4-bed HMO in York generating £1,550 PCM, with licence in place and strong investment potential.
Description
A well-positioned mid-terrace property located within a popular residential area of York, offering an excellent opportunity for investors seeking an income-producing asset.
The property is currently arranged and let as a House in Multiple Occupation (HMO) with four tenants in situ, generating a gross rental income of approximately £1,550 per calendar month (£18,600 per annum). The tenants are responsible for their own utility bills, with the landlord covering council tax.
Internally, the accommodation is understood to comprise multiple letting rooms alongside shared facilities, suited to ongoing HMO use. Externally, the property benefits from a front forecourt and on-street parking, typical of this style of property.
We are advised that the property operates under a mandatory HMO licence, providing reassurance for continued compliant use (subject to buyer verification).
The location offers convenient access to York city centre, local amenities, and transport links, making it an attractive option for tenants and supporting consistent occupancy levels.
Key Features:
Mid-terrace investment property
Established HMO with 4 tenants in situ
Approx. income: £1,550 PCM / £18,600 per annum
Tenants pay utilities; landlord pays council tax
Mandatory HMO licence in place (subject to confirmation)
Popular residential location close to York city centre
Tenure: Freehold
EPC Rating: F
Council Tax: Paid by landlord
A ready-made investment opportunity offering immediate income, ideal for both seasoned and first-time investors.
Tenure: Freehold
EPC Rating: E
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 4 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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