This ready-made investment opportunity is sure to appeal to an investor looking to add to their rental portfolio. The mixed-use property comprises a retail unit and 4 x 1-bedroom self-contained apartments, all of which are sold with tenants in situ. At present, the property is generating an income of £27,200 which is a return of over 14% based on the quoted guide price! It’s located within the heart of Silsden, which is a characterful town with plenty of local shops, schools, parks etc. Steeton train station is also a short 5 minute drive, which offers regular trains to Leeds and Bradford. Buyers should be aware that a Housing Act 2004 Notifications of Works Required document is available within the legal pack. The vendor has completed the majority of works required, but this is outlined in the document.
Lower Ground Floor
Flat 1: Living room/kitchen, bedroom and bathroom. Retail Unit: Basement & WC.
Ground Floor
Flat 2: Living room/kitchen, bedroom and bathroom. Retail Unit: Shop floor.
First Floor
Flat 3: Living room/kitchen, bedroom and bathroom. Flat 4: Bedroom.
Second Floor
Flat 4: Living room/kitchen, bathroom and storage.
Additional Information
Council Tax
Bradford - each flat: Band A.
EPC
Retail Unit: D Flat 1: E Flat 2: E Flat 3: D Flat 4: E
Tenure
Freehold.
Charges & Payments
In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.