Wellington Street, York
Offers Over £375,000
4 Bedroom House - Townhouse
- Gross Yield Of 8.65%
- Annual Income Of £32,436
- 4 Bed HMO
- Existing HMO Licence
- Certificate Of Lawfulness
- Excellent Condition Throughout
- Excellent Investment Opportunity
- EPC D
A fantastic opportunity to acquire this well presented four bedroom HMO, offered in really good condition throughout and benefiting from an existing HMO licence and Certificate of Lawfulness.
The property has been well maintained and thoughtfully presented, providing comfortable and practical accommodation for tenants. The existing layout comprises four well proportioned bedrooms, complemented by well appointed communal areas and facilities.
The existing HMO licence and Certificate of Lawfulness provide valuable reassurance for prospective purchasers, making this an attractive and straightforward investment opportunity for both experienced HMO investors and those looking to enter the sector.
Presented in excellent condition and ready for continued investment, the property offers the opportunity to acquire an established HMO with the benefit of the necessary licensing and legal documentation already in place.
With its good standard of presentation, established HMO use and strong investment appeal, this property represents an excellent addition to any property portfolio.
Early viewing is advised.
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.
Energy Efficiency and Environmental Impact
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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