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Investment opportunity for sale in Halifax

Aked's Road, Halifax, West Yorkshire, HX1 2TP
For sale
£69,000

COMMON USE CLASS: C3 Dwelling Houses

vesta-property
This property is marketed by:
Vesta Property

Leasehold information

  • Length of lease: 99 years
  • Year lease started: 2008
  • Years left on lease: 85 years (from 2022)
  • Ground rent review period: tbc
  • Service charge review period: tbc

Property information

  • Located on the ground floor
  • Comprising of:
  • Entrance hall, with boiler cupboard
  • Bathroom
  • Kitchen
  • Bedroom
  • Lounge, with access to a private balcony
  • New gas central heating was fitted in 2021, replacing the old electric storage heaters
  • EPC rating E
  • Council tax band A
  • Monthly rental income £375

Building works

  • Over the last 8 years the block leaseholders have had some major works done on the building
  • All balconies and concrete walkways were renovated
  • The brickwork on the front aspect of the building was repointed and sealed

Tenant information

  • The tenant is a charity organisation who is in place since 2014
  • The tenant rents all the units in the block and owns two themselves
  • The vendor is very happy with the tenants and would like to highlight that the rent is always paid on time, there are no voids and as the charity manages the people living in the flat no letting agents are required

Location information

  • The property is 0.5 miles from the town centre
  • A local shop is a few minutes walk from the property
  • Halifax railway station can be reached in under 20-minute walk
  • People's Park is a short walk from the property
  • Easy access to the A58 and wider road network

Note

Please note that Vesta has not visited this property and that the vendor has provided all material.


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