Investment For Sale
Inspan House, Walkley lane, Heckmondwike

Description

• UNBROKEN FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY
• Fully let, generating an income of £128,220 per annum
• Initial Yield 8%
• Block of 18 apartments, being a range of 1, 2 & 3 bedrooms, all let on assured shorthold tenancies
• Well positioned on the edge of Heckmondwike town centre within walking distance of all local amenities, and with good on-site car parking
• ERV £140,000 (8.85%).

The property comprises a substantial detached stone-built block of 18 apartments which was constructed in circa 2007. The property has accommodation over 3 levels and is constructed in 2 blocks which are positioned to either side of an arched driveway which leads to the car parking area at the rear. Each block has 9 apartments which provide 6 one bedroom, 10 two bedroom and 2 three bedroom apartments. The property has been well maintained since its development and is currently fully occupied generating a gross income of £128,220 per annum. The property has the benefit of excellent on-site car parking with a tarmacadam surfaced car parking area to the rear which provides adequate space for approximately 30 cars.