109 -113 Keighley Road,Halifax, West Yorkshire.
This property is a stone built dwelling consisting of three cottages, 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. All three cottages were tenanted bringing in a rental income of ₤933 per calendar month. The property has undergone extensive refurbishment at a cost of₤15,000. After the upgrade the three units will collectively rent out for a total of ₤1100 pre calendar month giving a yield of 12%. |
THREE OUT OF ONE
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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. |
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Old Talbot Inn Site is now in preparation for development. See corner plot on site plan. This will uplift these properties and increase the equity. |