Investment

Briggate, Shipley, Shipley, BD17 7BT

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Offers In Excess Of: £1,200,000

investment for sale

Offers In Excess Of: £1,200,000

About the Property

The property comprises a stand-alone block of 17 apartments which are predominantly two bedroom in this development which was converted in 2006 under planning application number 06/04801.
The apartment block is currently fully occupied however on completion 2 of the apartments will be vacant. The gross potential rental income when fully occupied is approximately £93,840 per annum.
The availability of the property provides an excellent opportunity to acquire a single block of apartments offering the potential to attract a yield in the region of 7.75%. The building is well positioned in Shipley town centre within walking distance of the train station close to the Aldi supermarket and near to all amenities offered by the town.

Key Features

  • RESIDENTIAL INVESTMENT OPPORTUNITY COMPRISING 17 TWO BEDROOM APARTMENTS
  • POTENTIAL GROSS RENTAL INCOME £93,840 PER ANNUM
  • Gross Potential Yield 7.75%
  • Converted in 2006
  • Canalside position in Shipley town centre close to the Aldi supermarket and all local amenities.
  • Within walking distance of Shipley train station
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Investment

Briggate, Shipley, Shipley

Offers In Excess Of: £1,200,000

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Bramleys

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  • Huddersfield 01484 530361
  • Halifax 01422 260000
  • Elland 01422 374811
  • Mirfield 01924 495334
  • Heckmondwike 01924 412644

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