Property description
4 Bedroom Property with Two En-Suites for Sale – Investment Opportunity
A spacious 4-bedroom property with two en-suites is available for sale, presenting a significant investment opportunity. The property has previously had planning permission granted for a development at the rear. This development opportunity includes the potential for either a block of 3 self-contained, two-bedroom flats or two semi-detached, two-bedroom properties. The property is in the prime area of Paddock, Huddersfield.
Ground Floor:
- Front Living Room
- Large Kitchen & Diner
- Rear Living Room
1st Floor:
- 4 Spacious Bedrooms, two of which have ensuites
Investment Details
- 12 Wren Street / Block of 3-Bed Apartments
- Rent: £650 PCM each (3 x £650 = £1,950)
- Rent for 12 Wren Street: £900 PCM achievable
- Total Monthly Return: £2,850
- Gross Yield: 10.69%
Costs:
- Cost of Apartments: £100,000
- Total Cost with 12 Wren Street: £320,000
- Annual Rent Total: £34,200
Council Tax Band: A
Tenure: Freehold
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