Lowther Street, York
£495,000

Guide price

Bedrooms: 5
A modern 5 bed, 2 shower room and WC presents an exciting investment opportunity achieving a gross rental income of £4095 per calendar month.

Situated on Lowther Street which is less than a 2-minute walk from St John s campus, perfect for students but also offers easy access to the city centre and the hospital, making the property in demand across the board, whether it's for studying or placements.

Ideally to be sold in conjunction with 1 Brownlow Street (See details for price)

EPC Rating C

Council Tax Band D

Entrance Lobby

1.26 x 1.35 (4'1 x 4'5 )

UPVC window. Radiator.

Lounge

6.33 x 4.45 (20'9 x 14'7 )

Two radiators. UPVC window. Breakfast bar.

Kitchen

3.65 x 2.04 (11'11 x 6'8 )

Fitted with high and low level units and coordinating worktops. Sink and drainer unit. Integrated fridge. Integrated freezer. Integrated dishwasher. Built in oven with 4 ring gas hob with extractor hood over. Space and plumbing for washing machine. UPVC window. Radiator. Cupboard housing boiler.

Rear Hallway

3.38 x 1.18 (11'1 x 3'10 )

UPVC door. Radiator. Door to WC. Cupboard housing water tank.

Ground floor WC

2.34 x 0.98 (7'8 x 3'2 )

Fitted with a two piece suite comprising; toilet and wash hand basin. Radiator. Opaque UPVC window.

Stairs to First Floor

First floor landing

Radiator. Doors to further rooms. Stairs to second floor.

Bedroom One

4.07 x 4.46 (13'4 x 14'7 )

Radiator. UPVC window.

Ensuite shower room

0.88 x 2.44 (2'10 x 8'0 )

Fitted with a three piece suite comprising; Shower cubicle, toilet and wash hand basin. Radiator.

Bedroom Two

4.05 x 2.44 (13'3 x 8'0 )

UPVC window. Radiator.

Bedroom Three

2.25 x 2.90 (7'4 x 9'6 )

UPVC window. Radiator.

Bathroom

1.70 x 2.42 (5'6 x 7'11 )

Fitted with a three piece suite comprising; bath with shower over, toilet and wash hand basin. Radiator.

Stairs to Second Floor

Bedroom Four

2.79 x 3.51 (9'1 x 11'6 )

Velux window. Radiator.

Bedroom Five

2.35 x 4.46 (7'8 x 14'7 )

Two Velux windows. Radiator.

Current Tenancy Information

* The property, currently let to a group of 5 students, is managed by Quantum Estate Agency

* Gross rental income totals £4095 per calendar month. (Utility bills are included within the rental figure.)

* Gross yield of 9.9% at full asking price

* The tenancy runs from 27.7.2024 to 13.7.2025.

* The Gas Safety Certificate is valid until 24.6.2025.

* The Electrical Installation Condition is valid until 19.6.2028

* All white goods are provided under a rental contract with Herbert Todd.

Material Information

This information has been obtained from our Vendor/ Landlord, through local information, and verified sources where available. Every effort has been made to ensure this information is accurate and clear.

Council Tax Band of the property is D. The Local Authority is the City of York Council

The property Electricity Supplier is Northern Power Grid.

Water is supplied by Yorkshire Water. The property is connected to the main sewage system operated by Yorkshire Water.

The property has a combi boiler which supplies the heating and hot water. There is a further water tank located in the rear hallway.

The broadband and mobile phone signal can be checked via the Ofcom checker facility at checker.ofcom.org.uk

01904 270113

Quantum - York

6 Walmgate, York

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