Summary - 41, East Parade, HARROGATE HG1 5LQ
12 bed 5 bath Not Specified
**Standout Features:**
- Fully let and income-generating property
- 12 total bedsits comprising 2 self-contained units and 10 additional bedsits
- 4 shower rooms, 2 WCs
- Prime location close to Harrogate town centre
- Annual income: £94,200, yielding 11.1% based on asking price
- Architectural charm with Victorian features including bay windows
**Concise Summary:**
This fully tenanted Victorian mid-terrace property offers an impressive investment opportunity in Harrogate with 12 bedsits generating substantial income. Comprising two self-contained bedsits and ten additional units, along with four shower rooms and two WCs, this property yields an attractive annual income of £94,200, representing an impressive yield of 11.1%.
Nestled conveniently within walking distance of vibrant city amenities and close to the train station, the property marries classic architectural charm with modern rental potential. Noteworthy features include high ceilings, bay windows, and a sandstone facade, perfect for attracting a diverse tenant base ranging from young professionals to families.
While the property promises robust financial returns, buyers should be mindful of its age, having been constructed before 1900, and the need for ongoing maintenance typical of such historic builds. Additionally, with a crime rate above average, potential investors are encouraged to conduct thorough due diligence. This prime investment opportunity in a desirable location is ripe for those looking to expand their portfolio—seize the chance before it’s gone!
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