Multi income producing mixed use investment opportunity

  • £169,000
Bradford Road, Batley

Multi income producing mixed use investment opportunity

Bradford Road, Batley
  • £169,000

Overview

  • 2
  • Bedrooms

Description

We are pleased to offer you this income-producing, mixed-use investment located on the prominent Bradford Road, Batley in a small parade of shops.

The property is very well positioned within walking distance to the railway station, Bus station, and all other local amenities.

The property was converted several years ago with building regulations approval. There is a take away on the ground floor inclusive of all fixtures and fittings and 2 x 1 bed flats on the upper floors with separate entrances from the rear.

The property is currently fully tenanted with rents as follows:

  • Ground Floor Retail Unit: £500 PCM 
  • 1st Floor 1 Bed Flat: £475 PCM 
  • 2nd Floor 1 Bed Flat: £450 PCM

Rents are inclusive of gas and electricity on the upper flats. We have been informed by the Landlord monthly expected costs for utilities average about £100pcm. Council tax are paid separately by all tenants and the landlord pays one water bill for the whole building which is a fixed charge.

  • Sourcing fees: £3,500
  • Annual Rental Income: £17,100
  • Gross  Yields: 10% Approx.

Details

Updated on October 8, 2021 at 3:21 pm
  • Price: £169,000
  • Bedrooms: 2

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What's Nearby?

Arts & Entertainment
Somerset House (0.09 mi)
Exceptional 67 reviews
The Ladykillers (0.11 mi)
Exceptional 1 reviews
Courtauld Institute of Art (0.11 mi)
Exceptional 6 reviews
Education
Lgv4all (0.12 mi)
Poor 2 reviews
Born To Drive School (0.12 mi)
Exceptional 2 reviews
AK Tuition (0.12 mi)
Exceptional 1 reviews
Health & Medical
Strand Health Club (0.12 mi)
Fair 3 reviews
For Love Of Hair & Beauty - flhbeauty.co.uk (0.12 mi)
Exceptional 1 reviews
Breathe Fitness (0.12 mi)
Exceptional 1 reviews
Transportation
The No. 15 Bus (0.1 mi)
Good 6 reviews
Hailo (0.1 mi)
Good 3 reviews
Investravel Inc. (0.12 mi)
Poor 1 reviews

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