4 bed block of flats for sale

Cromer Street, York YO30

Cromer Street, York, Yo30 6DL

A fantastic opportunity to acquire a fully converted freehold block comprising two self contained two bedroom flats at Cromer Street. Originally a terraced house, the property has been thoughtfully converted and upgraded by the current owner into two well proportioned apartments arranged over ground and first floors. Each flat offers two bedrooms, a reception room, a bathroom, and its own kitchen facilities, with the ground floor benefitting from a courtyard space.

Situated in a well connected residential area of York, Cromer Street enjoys close proximity to the city centre, offering easy access to a wide range of amenities including shops, cafes, schools, and transport links. York railway station and the historic city centre are within convenient reach, making this an attractive location for tenants seeking both accessibility and lifestyle appeal. The area remains popular with renters due to its blend of local convenience and proximity to major employment hubs.

The wider York area continues to benefit from ongoing regeneration and investment, including infrastructure improvements, residential development, and enhancements to the city’s transport and public spaces. These initiatives are supporting sustained demand for quality rental accommodation and contributing to long term capital growth. With strong fundamentals, limited housing supply, and continued inward investment, the property is well positioned to benefit from both rental stability and future appreciation, making it an appealing proposition for investors seeking a secure, growth oriented asset.

Financial Breakdown

Gross Rent: £25,200.00
Net income: £24,949.00
Gross yield: 6.46%
Net yield: 6.4%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08465