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Dragon Parade, Harrogate, HG1


£960,000

TERRACED
9 beds
FREEHOLD

Key features

  • High Yield 25%+ Investment Opportunity
  • Fully Managed
  • Completed to a High Spec
  • High Cash Flow
  • All Bedrooms Ensuite
  • High Ceilings
  • Private Parking
  • Hands off Investment
  • All our properties are available to view virtually, enquire below to book an online viewing
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Full description

This investment property is in the highly desirable and premium postcode HG1 in Harrogate, known as the 'Golden Triangle' / the 'Chelsea' of the North.

An attractive, high cash flowing, fully hands off investment at an expected NET yield of 25%+

All guest management and cleaning is fully managed so no operational experience or input is necessary.

With Sui Generis Use Class planning, the property is deemed a commercial asset; a commercial valuation is expected to be around £1M.

***important further info***

This property and two others form part of an SPV, meaning the portfolio of three can be sold within an SPV sale offering large stamp duty savings: 0.5% business tax instead of the additional rate stamp duty.

Beyond the SPV there are 2 more properties in the sellers portfolio that are available off-market. It is the sellers preference to sell the SPV in its entirety to one buyer.

Contact Sophie at sophie. directly for more information
EPC Rating: D
Tenure: Freehold
Council Tax Band: Ask agent
For Sale

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