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Our Summary
- Unsold at auction
- ***for sale by auction***
- *for sale by auction*
- SUMMARY GUIDE PRICE £400,000 - Investment opportunity
- *FOR SALE BY AUCTION
- Number 12A Bull Green Lane has a front office and wc, which is currently used by the owner, but offers the potential to rent out for additional income
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Description
The property, a period building in the center of Halifax, has been converted into 14 units over three floors. The building includes two self-contained flats, numbers 11 and 12, which are tenanted and let at £600 pcm each, and number 12A, a front office and WC that could be rented out for additional income. The ground floor is arranged as five rooms, each with washing facilities and use of a communal kitchen, and are currently let producing £25,260 per annum.
The building includes a communal hallway and lift that needs repair. The property benefits from a combined income in excess of £41,000 and freehold and ground rents for the building.