3 High Petergate
York
North Yorkshire
YO1 7EN
Cartwright House, Micklegate, York
O.I.R.O £1,900,000
13 Bedroom
- Generational Portfolio Available
- 13 Apartment block
- Incredible Commercial Aspect with Well Known Tenants
- Well Maintained and Managed
- 8-9% ROI
- Available as Individual Buildings or full portfolio
- High Tenant Retention
- Hands-off Investment
- STAMP DUTY CIRCA £84,500
One of multiple apartment blocks available to purchase in the centre of York, available to purchase individually or as a portfolio.
Naish Estate Agents have been instructed to facilitate the sale of a large investment portfolio in York city centre.
Cartwright house (128 & 136 Micklegate) has a total of 13 apartments and a large commercial unit tenanted by Brewdog LTD situated along one of York's most popular and bustling locations- Micklegate.
Micklegate is described by the city of York Council as 'one of the most handsome streets in Yorkshire' with the majority of buildings being three of four storey Georgian structures.
The street runs East from York city walls at Micklegate Bar which due to its historic importance is regarded as the Royal entrance to the city and is a stones throw from York Train Station.
The properties have been under the same ownership for generations and a sale presents an incredible opportunity for buyers looking to achieve high return on investment.
The 13 apartments have been tenanted consistently with low void periods through the help of our letting department. The properties have been well maintained and managed appropriately to ensure consistent rental income and high tenant retention.
The commercial aspects of the building include a well known UK-based brewery with a lease agreement through the Limited Company.
There are other freehold blocks with mixed us available
The total annual rental income from Cartwright House was £153,368 in 2024
128 Micklegate
7 apartments total rental income 2024-
£63,678
136 Micklegate-
6 apartments total rental income 2024-
£58,075
Commercial income 2024-
£31,615
Buyers can expect a yield between 8-9%
STAMP DUTY CIRCA £84,500
Viewings and further information is available strictly through Naish Estate Agents. Please contact matt@naishproperty.co.uk for further details and information in the rest of the portfolio
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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