Property Description
Investment Opportunity: Modern 2-Bed Apartment
Exciting investment opportunity that could be a perfect addition to your buy-to-let portfolio.
We have a modern two-bedroom apartment located on the fifth floor, currently being sold with a tenant in place. With a monthly rent of £575, this property offers a gross yield of over 7%, making it an attractive option for landlords looking for steady returns.
If you’re interested in learning more about this property or would like to arrange a viewing, please don’t hesitate to get in touch.
A 2 bedroom 1 bathroom modern apartment. Featuring electric heating, double glazing, lift and 5th Floor location.
Within walking distance to shops, bars and restaurants in Elland centre and regular transport links. Allocated parking.
Additional Information
Lease Years Remaining:
980
Ground Rent:
£395 per year
Service Charge:
£850 per year
Rooms
Hall
Entrance door, electric wall heater, intercom.
Living Room / kitchen
Cream base cupboards and drawers and wall mounted cupboards, work surfaces and splashbacks, one and a half bowl stainless steel sink unit with mixer style taps, integral dishwasher, electric oven, 4 ring electric hob, extractor fan, integral fridge and freezer, washer / dryer, tiled floor, two electric wall heaters, double glazed window, storage cupboard housing the hot water cylinder.
6.33m x 3.72m average plus recess.
Bedroom 1
Built in double wardrobe, double glazed window.
3.18m x 2.53m plus recess.
Bedroom 2
Built in double wardrobe, double glazed window.
2.88m x 2.73m plus recess.
Bathroom
3 piece white suite; panelled bath with shower attachment, pedestal wash basin, low flush wc, tiled floor, heated towel rail, extractor fan, inset spotlights.
Parking
Allocated parking space
Leasehold
Service charge £850.00 pa (4 x 212.50)
Ground rent £395.31pa (next review due 2027)
Building insurance £1,100pa
The lease is for 999 years commencing 2007.
Mortgage calculator
Monthly Repayments:
£
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Silk Mill,
Elland,
HX5
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