6 bedrooms Commercial Property for Sale in Lilac Avenue, York

Licensed Six Bedroom HMO Close To University Of York
Strong Annual Income Just Under £62,000
Communal Living Room Plus Well Equipped Kitchen
One Bathroom And Two Additional Shower Rooms
Large Rear Garden With Covered Gazebo
Certificate Of Lawful Use

Property Description

A licensed six-bedroom HMO on Lilac Avenue, ideally positioned to the east of York with excellent access to the University of York, York city centre and key transport links. Located within a consistently popular residential area for students and young professionals, the property offers strong, reliable rental demand and a proven income stream.

The accommodation is arranged to provide six individual letting bedrooms, creating a practical and efficient layout for shared living. The property currently produces a gross annual income of just under £62,000, making it an attractive option for investors seeking a high-yield HMO in an established rental hotspot close to the university.

Internally, the property features a communal living room, a well-equipped kitchen, and one bathroom plus two additional shower rooms, ensuring functionality and convenience for occupants. Externally, it benefits from a notably large rear garden with a covered gazebo, offering valuable outdoor space rarely found with HMOs of this type.

The location is particularly appealing for tenants, with a range of local shops, cafés, supermarkets, nearby gyms including David Lloyd and bus routes within a five-minute walk. Additionally there are excellent cycle links to the University of York, University Sports Village and the city centre.

With its established layout, strong income profile and highly convenient setting, this property represents a compelling investment opportunity in one of York’s most dependable rental areas. Viewing is recommended to appreciate the scale, layout and long-term potential on offer.

Compliance

Agents are required by law to conduct anti-money laundering checks on all those buying a property. We outsource the initial checks to a partner supplier, Coadjute, who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £40 + VAT per person. This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid, and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.

Additional Information