2 bed flat

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2 bed flat

Dewsbury Road, Elland HX5
£105,000

Our Summary

  • 64%**great investment opportunity**

Description

The Silk Mill is a converted mill in Elland, West Yorkshire, offering 91 2- and 3-bedroom apartments with luxurious features. The property has secure parking for approximately 100 cars and is located near local amenities, with easy access to the M62 motorway and nearby train stations. The current tenant is in situ until June 2025, providing a steady income stream, with a yield of 6.64%. This presents a great investment opportunity, with rental income of £725 per month. The property has a remaining lease term of 982 years, with a service charge of £1,328 per annum and ground rent charge of £395 per annum.
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