7 bedroom apartment for sale

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7 bedroom apartment for sale

Nunnery Lane, York
£795,000

Price History

Initial price £845,000
05/08/25 £795,000
Price Change -5.92%

Description

This rare opportunity presents a large, freehold corner property with five self-contained apartments, situated in a central location just outside the city walls and within walking distance to the city centre, railway station, and popular shopping parade. The property currently generates an annual income of £60,000 from short-term tenancies and a holiday let, with potential for a larger income if all apartments were rented out as holiday lets. The apartments vary in size, with two two-bedroom apartments featuring en-suite bathrooms, and three one-bedroom apartments, including two with private courtyards. Each apartment has a living/dining area, fully fitted kitchen, and additional storage facilities. The property also boasts bike stores and a large cellar, making it an ideal investment purchase for anyone looking to capitalize on the growing demand for short-term rentals in the area.