Summary - 41, East Parade, HARROGATE HG1 5LQ
12 bed 5 bath Terraced
Twelve-unit, fully let Victorian terrace in central Harrogate delivering 11.1% yield..
Fully let 12-unit Victorian mid-terrace producing £94,200 pa
A fully let Victorian mid-terrace arranged over four floors, currently producing £94,200 per annum (asking-price yield 11.1%). The building comprises 12 units (two self-contained bedsits and ten bedsits), with a proven monthly income of £7,850. Period stone façade, tall ceilings and bay/arched windows give strong character and tenant appeal in central Harrogate.
For an investor seeking immediate income, the property is practically ready: all mains services are connected, double glazing was installed post-2002 and heating is by mains-gas boiler and radiators. Its central East Parade location is within comfortable walking distance of Harrogate town centre, shops and the train station, supporting steady demand from a broad tenant pool.
Points to note: the building dates from before 1900 and will require ongoing maintenance typical of older stock; communal facilities are limited and the small plot means no substantial outdoor space. Crime levels in the area are above average, which should be factored into tenancy management and insurance costs. Council tax details are not provided and professional surveys are recommended to confirm condition and compliance for HMO licensing and safety certificates.
Overall, this is a hands-on investment that delivers immediate, high-yield income from a mix of bedsits in a central location. It will suit an investor or portfolio buyer prepared for the management and maintenance demands of a Victorian multi-let asset.
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