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"A REAR AND FABULOUS HMO INVESTMENT OPPORTUNITY INCOME OF £49,000 ANNUM with a potential to maximise rent £58,800 with a single storey rear extension, subject to planning permission.

This is an approved C4 use set within an article 4 zone area of York, licensed for 5 occupants.
Within one of York s most popular student areas and very close to York St John s University.
Cromer Street is a very sought after street for students and investors, set within an article 4 zone area in York and its close proximity to York St John,s University, hence HMO licensed properties are very sort after on this street and quite limited.
This is a unique opportunity to own this well maintained and high standard HMO property.
Tenancy agreement in place for Sept 24 25 and Sept 25 26 academic year.
This property has been running as a very successful HMO since 2021 when approved for change of use from C3 to C4 with HMO licence for 5 occupants.
This HMO property operates on full occupancy each year and joint tenancy agreement is always signed a year in advance.

There s an opportunity to maximise rent with a rear extension subject to planning permission.
Planning permission was granted for a rear extension but expired last year.

contact the agent for further details......
Viewing by appointment only.



**ENQUIRIES**

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

If calling, please quote reference S4012"