6-bedroom house · YO10 3AS
Listing removedReduced £35k (−5.5%) on 20 JunListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 49, Lilac Avenue, York
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