The Grove, Ilkley, West Yorkshire, LS29
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- SIZE
2,100 sq ft
195 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- VACANT, STUNNING DUPLEX APARTMENT
- CURRENT RENTAL INCOME: £26,960 PER ANNUM
- POTENTIAL RENTAL INCOME: £42,000 PER ANNUM PLUS
- PRIME LOCATION IN POPULAR SPA TOWN
- LONG STANDING COMMERCIAL TENANTS
Description
At ground floor and basement level the property is let to Dale Eddison Estate Agents, their demise has been combined with the neighbouring property to form a larger branch. The have both a front entrance, but also rear access directly into the basement section.
At first floor level the property is let to Harvey & Co Hair Salon who have been a long standing tenant for in excess of 15 years. The first floor shares an entrance and staircase with the vacant duplex apartment which prospective purchasers could look to use themselves or rentalise.
The 2 bedroom duplex apartment has been comprehensively refurbished and provides great views of Ilkley Moor to the rear.
The property is a real one off and offers great reversionary income potential for purchasers and an ideal opportunity for 2nd home / holiday home investors.
Description Size (Sq.Ft) Lease Terms / Rental Value / Council Tax EPC
GF & BSMT GF 413 10yrs from Oct 2023 £17,750 C57
Estate Agents BMT 476 RR / BC Yr 5 - Rental £18,460 p.a.
FF Hair Salon FF468 Holding Over at a rental £8,100 C75
of £8,500 p.a.
SF Apartment Vacant 2 bedroom duplex apartment Band B N/A
PLANNING
We recommend interested parties make their own enquiries with the local authority - / planning.
TERMS
The freehold interest is being marketed at offers in excess of £550,000 Exc..
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
The Grove, Ilkley, West Yorkshire, LS29
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About Malcolm Stuart Property Consultants LLP, Tadcaster
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