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5 bed Terraced property

Available

For Sale

Listed Jul 16, 2025

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£459,000

Available

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Transaction history

£325,000 Jan 23, 2023

£138,500 Jul 17, 2006

£75,000 Mar 15, 2002

£58,000 Dec 21, 2000

Description

"A REAR HMO INVESTMENT OPPORTUNITY, APPROVED CHANGE OF USE FROM C3 to C4 , LICENCE FOR 5, GENERATING INCOME OF £46,158 annum, potential earning of £58,986. is easily achievable, details below.

Tenancy agreement in place for Sept 24 25 and Sept 25 26 academic year.

A fabulous opportunity to acquire this 5 double bed HMO investment, with a 10% yield.
Burton stone Lane is a short walking distance to York St John s University, the York Hospital and York Town Centre, Burton Stone Lane is very popular with students due to it,s close proximity to the university.
Set within the article 4 zone area of York, hence HMO properties tend to be very limited, hence the demand for student accommodation is extremely high within the area, with demand extremely outweighing supply.
This property has operated as an HMO for a few years, with full capacity every year and tenancy signed a year in advance.

Opportunity to create a 6th bedroom to maximise rent by an extra £9830 annum, by dividing the loft bedroom into two and relocating the bathroom downstairs, 2 double bedrooms can still be achieved, potential sizes achievable below.

3.69m 3.08m for each divided room.

Please contact agents for further details........
viewing by appointments only.

Viewing start date 2 04 2025.

**ENQUIRIES**

For all enquiries, viewing requests or to create your own listing please visit the Emoov website.

If calling, please quote reference S4014"

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Listing data

Data
5 beds
Terraced
33 days on market

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