8 bed Flat For Sale £500,000
Property description
**investment opportunity - private portfolio of 7 apartments**
Martin & Co. Huddersfield are delighted to offer for sale an existing private rental portfolio with an excellent history and strong yield, the portfolio is available due to retirement plans of the current owners. The apartments are all located within 'The Park' at Kirkburton, a high quality and highly demanded residential development in a popular village. The location provides excellent links to local towns and regional centres.
Externally, the development has allocated parking for residents and further parking for visitors. To the rear of the development is a private terraced garden for residents, whilst internally there is an on site gym solely for the use of residents - a real bonus for the current tenants. The development was originally a woollen mill dating back over 100 years and in more recent years was a hotel, before being renovated to private apartments in the early 2000's.
The portfolio comprises of 7 individual apartments ranging from a studio apartment to a stunning two bedroom duplex apartment, a detailed breakdown of each apartment can be provided upon request.
The portfolio is fully tenanted with no current rent arrears providing a gross annual income of £39,360. This represents a gross yield of just under 8%.
Please note that the photographs are a range from within the portfolio and the wider development. Any further information, including specific EPC's for each apartment, can be requested via our Huddersfield office and viewings are to be pre organised.
**investment opportunity - private portfolio of 7 apartments**
Martin & Co. Huddersfield are delighted to offer for sale an existing private rental portfolio with an excellent history and strong yield, the portfolio is available due to retirement plans of the current owners. The apartments are all located within 'The Park' at Kirkburton, a high quality and highly demanded residential development in a popular village. The location provides excellent links to local towns and regional centres.
Externally, the development has allocated parking for residents and further parking for visitors. To the rear of the development is a private terraced garden for residents, whilst internally there is an on site gym solely for the use of residents - a real bonus for the current tenants. The development was originally a woollen mill dating back over 100 years and in more recent years was a hotel, before being renovated to private apartments in the early 2000's.
The portfolio comprises of 7 individual apartments ranging from a studio apartment to a stunning two bedroom duplex apartment, a detailed breakdown of each apartment can be provided upon request.
The portfolio is fully tenanted with no current rent arrears providing a gross annual income of £39,360. This represents a gross yield of just under 8%.
Please note that the photographs are a range from within the portfolio and the wider development. Any further information, including specific EPC's for each apartment, can be requested via our Huddersfield office and viewings are to be pre organised.
