Church Street, West Yorkshire, HUDDERSFIELD HD5
Ref No: KE015-LI-SA117
This spacious 4 Bedroom Mid Terrace property is located in a key investment area close to Huddersfield University which is accessible by public transport (8 minutes), car (4 minutes) or on foot (20 minutes) very easily. Due to such close proximity to the University this property benefits from a buoyant rental market and has been running at capacity for the previous four years under this owner. Due to a move abroad they are looking to release the asset (including all existing furnishings).
The leasehold for the property still has over 900 years remaining on the term and the owner of the freehold is currently unknown. Due to this fact, the property has 'absent landlord insurance' which can be easily moved over to the new leaseholder if required. With over 900 years remaining on the term of the lease this is seen as a 'virtual freehold' purchase.
The property has been valued at £117,450 in it's current condition with the potential to achieve up to £135,000 if some internal upgrades are made.
The current owner is willing to listen to offers above £99,950 which provides a potential discount of 15% on the current value. Annual NET rental returns of 14% are currently being achieved without any increases in rent during that time.
Enter the property via the front entrance hallway which leads directly into the living room.
Livingroom 13' 10" x 15' 11" (4.22m x 4.85m Maximum)
Simple but elegant electric fireplace with central heating radiator and double glazed window to the front aspect.
Kitchen Diner 13' x 10' (3.96m x 3.05m)
Fitted kitchen installed with both wall and base units. Work surfaces over incorporating a stainless steel sink and drainer with mixer tap and 'splash' tiling. The room provides space for a table/diner and includes a central heating radiator with door to the rear garden - washing machine, fridge freezer and oven complete with extractor fan can remain if requested.First floor landing accessed from the kitchen including central heating radiator, storage cupboard and a double glazed window to the rear.
Bedroom Two 13' 6" x 14' 2" (4.11m x 4.32m Maximum )
Fitted storage cupboards, central heating radiator and a double glazed window to the front.
Master bedroom 24' 8" x 14' 3" (7.52m x 4.34m Maximum)
The master bedroom is a full loft conversion with skylight, considerable space and two central heating radiators with windows to the front aspect.
Bedroom Three 13' x 8' 7" (3.96m x 2.62m)
Includes a central heating radiator and double glazed window to the rear aspect.
Bedroom Four 12' 9" x 8' 8" (3.89m x 2.64m)
Central heating radiator and double glazed window to the front elevation.
The bathroom contains a three piece suite comprising of a bath, wash basin, WC and partially tiled walls. Central heating radiator and a double glazed window to the front.
To the front of the property is a low maintenance garden and pathway leading up to the entrance door.
To the rear there is also a low maintenance garden area, partially paved.
This property offers good potential for the future overall and also delivers solid returns immediately if preferred. To avoid missing out on this opportunity we recommend contacting us immediately.
Your viewing will be conducted by our dedicated professional who will answer any further questions on the day.
Acting Keller Williams agent:
Rosedale and Jones Property Consultants
- Public transport
- Street Parking
- Broadband ready
- Built in wardrobes
- Part furnished
- Kitchen white goods
- Patio garden
- Central location
- Tiled flooring
- Close to amenities
Disclaimer: The energy efficiency rating is a measure of the overall efficiency of a home. The higher the rating the more energy efficient the home is and the lower the fuel bills will be. The environmental impact rating is a measure of a home's impact on the environment in terms of carbon dioxide (CO2) emissions. The higher the rating the less impact it has on the environment. The Energy Performance Certificate for this dwelling was produced following an energy assessment undertaken by a qualified assessor.