Sold
Halifax – Freehold former mill conversion providing 31 high-end residential flats with stunning views over the Pennines
Oats Royd Mill, Luddenden, Halifax, HX2 6RL
Offers in excess of £3,000,000
- Property Type:
- Residential
- Sub Types:
- Block of Flats, Multiple Flats
- Tenure:
- Freehold
Description
Investment Considerations
- Freehold block comprising a total of 42 flats within a converted former mill building
- 11 flats have been sold subject to long leasehold interests and 31 flats remain unsold (15 x one bed apartments and 16 x two bed apartments)
- The property was extensively redeveloped in 2010 to provide high-end residential accommodation with associated gated car parking
- Popular rural location outside of Halifax in the Luddenden Valley, with stunning views over the Pennines
- Current Rent Reserved: £171,230 (including ground rent recievable)
- Estimated Rental Value (ERV): £205,430 (if fully let and including ground rent receivable)
- We are of the opinion the subject represents a very attractive break up opportunity
Additional information can be viewed and downloaded from the website – link on right hand side.
Subject to contract