109 -113 Keighley Road,Halifax, West Yorkshire.
This property is a stone built dwelling consisting of three integral flats, each with its own utilities. The building is situated just outside Halifax and is within walking distance to a large Morrisons Supermarket. The property has good transport links being on the bus route to Halifax, Illingworth and surrounding Yorkshire Dales and Bronte country.
The property was purchased for ₤90,000 and brings in a yield of 14%. All three flats are tenanted and fetches a rental income of ₤933 per calendar month. The property is undergoing refurbishment at a cost of₤5000 and with upgrade on the standard of each flat will collectively rent out for a total of ₤1100 pre calendar month.
THREE OUT OF ONE
This Property is now refurbished and tenanted - See Keighley Road Page
This is a site plan showing the position of the Keighley Road property. The outlined red area is the existing St Mary's church site that has been designated for development of commercial and residential apartments.
The corner plot is also vacant.There is talk of a fast food drive through convenience facility to be constructed.