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House for sale
Flats 1-4, 1 Back Fold, Ripponden, Sowerby Bridge, West Yorkshire, HX6
£425,000
Flats 1-4, 1 Back Fold, Ripponden, Sowerby Bridge, West Yorkshire, HX6
£425,000
Our Summary
- 34% Based on Asking Price Considered Scope for Rental Growth Enquire for Further InformationThe property comprises four flats located across the first and second floors of a larger three-storey mixed-use block
Description
This property is a four-flat investment opportunity located in the heart of Ripponden village centre, a sought-after residential location with a high average household income. The flats are all well-presented with modern fixtures and fittings, and the second floor retains character features such as exposed timber beams. The property is currently producing a gross yield of 7.34% with a combined income of £31,200 per annum, and there is considered scope for rental growth. The freehold interest is being sold, and the price is exclusive of VAT. With its excellent location, modern amenities, and potential for increased income, this property presents a great investment opportunity.