2 Bedroom Apartment

Dewsbury Road, 
Elland, 
Calderdale, 
HX5 9AR
Purchase price
£95,000
  • Size: 80 sqm
  • Tenanted
INCREDIBLE INVESTMENT OPPORTUNITY YIELDING ABOVE 7% NET! Extremely spacious two bedroom apartment with study and parking space in a beautiful mill conversion.
  • Financial Performance*
Gross rent
£8,340
Ground rent
£395
Service charge
£1,160
Net income
£6,785
Gross yield
8.78%
Net yield
7.14%
  • Key Features
  • Generate immediate income from completion
  • Excellent return above 7% NET
  • Prestigious mill conversion
  • Ground floor apartment
  • Spacious accomodation
  • Two bedrooms plus study
  • Family bathroom plus ensuite shower room
  • Under croft allocated parking space
  • Modern kitchen
  • Secure gated development with intercom

yieldit are delighted to present a fantastic investment opportunity in a prestigious mill conversion. Offered to the market with tenant in situ, this beautiful property can generate you a return in excess of 7% NET.

This unique luxury apartment is positioned on the ground floor of the gated development which benefits from intercom entry and a secure underground parking space. Benefiting from a huge amount of space including hallway; utility room with sink; two good-sized double bedrooms with fitted wardrobes; ensuite shower room; family bathroom; a study; open plan living area; fully-fitted modern kitchen.

The Silk Mill is a wonderful and popular development ideally situated within walking distance to Elland centre which provides numerous shops and amenities and easy access to the M62 motorway. The location is ideal for a rental investment, with a number of established businesses within the nearvy vicinity and an ideal commuter base with the region’s major business centres of Halifax, Huddersfield, Leeds and Manchester within easy reach with fantastic road connections. It’s a five-minute walk to Elland town centre with many amenities, shops and restaurants, bars and pubs.

Now is the perfect opportunity to invest in Elland ahead of the completion of its £20 million train station, which will be just a short stroll via a direct pathway from Valley Mill. The new station will boost economic growth in the area, create jobs and new opportunities, and increase the value of nearby properties such as those within Silk Mill.

Please note, lettings and management fees may apply.

  • Financial Performance *
Gross rent
£8,340
Ground rent
£395
Service charge
£1,160
Net income
£6,785
Gross yield
8.78%
Net yield
7.14%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating