6 Bed Flat For Sale

A rare and lucrative opportunity to acquire a block of three self-contained two-bedroom flats arranged over three floors in the heart of York City Centre. Currently run as highly successful holiday lets, the property generates an impressive average gross annual income of approximately £142,000, highlighting its strong performance and exceptional year-round demand.

Each apartment is well-presented with modern décor, practical layouts, fitted kitchens and bathrooms, and electric heating throughout, making them ideal for both short-stay guests and long-term tenants. The building is sold with planning permission already granted to convert the units to residential lets, offering remarkable flexibility for investors seeking either continued high-yield short-stay income or long-term residential rental security.

Positioned in a vibrant, always-busy central location, this property offers consistent occupancy, outstanding rental potential, and a rare investment opportunity in one of the UK's most iconic and desirable historic cities. Each flat is fully self-contained and well-suited to both guest accommodation and permanent tenancies.

The property further benefits from a new 999-year lease and peppercorn ground rent, ensuring long-term peace of mind with minimal ongoing costs.

Key Information

Long Leasehold: 999 years

Ground Rent: Peppercorn

Current Operation: Successful holiday let business

Planning Permission: Granted for conversion to residential tenancy use

Average Gross Annual Holiday Let Income: £142,000

Location: Prime central York

This is a fantastic, high-yield investment with proven performance, long-term flexibility, and an unbeatable city centre location. Early viewing is strongly recommended.