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Floor Plan

£399,999 OIRO

3 Bedroom Semi-Detached House For Sale

Cranbrook Road, York

Key Features

  • investment property with tenants in situ
  • 3 self-contained flats
  • annual income of over £24,000 per annum and over a 6% yield
  • driveway parking for multiple cars
  • each decorated to a high standard
  • close to green spaces
  • freehold property, with future option to sell on the flats individually
  • each flat is assessed individually for council tax - all are band
  • each flat is assessed individually for epc's - grades e, e, and c
  • council tax: a

Property Description

*INVESTMENT OPPORTUNITY* 3 self-contained one-bedroom flats, all currently rented giving an annual income in excess of £24,000, giving a yield at asking price of over 6%. A dormant leasehold company exists to facilitate the sale of individual units in the future.
 

FLAT 1 A bright kitchen/living room leads to a bathroom and a bedroomwith well-insulated patio doors, leading onto an enclosed private garden. EPC grade C, council tax grade A. 

FLAT 2 A large kitchen-dining space leads to a cosy living room with patio doors into a private enclosed garden. The bedroom overlooks the garden and has an en-sutie shower room. EPC grade E, council tax grade A 

FLAT 3 Set over 2 floors this is the largest flat, flowing over the entire first floor and attic. This flat comprises a large kitchen-diner running the whole width of the house, with a comfortable sized lounge, bathroom and a spacious attic bedroom.  

COMMUNAL AREAS The property benefits from a communal bike store and meter cupboard as well as connecting hallways. The front of the property is gravelled and suitable for parking multiple cars.  

The 3 flats have individual leasehold titles, and the sale also includes the communal area and the freehold title to the whole property, each unit is council tax band A and can be utilised or sold individually.  
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