Alderson Road, Harrogate

£685,000

An ideal investment opportunity to acquire a large semi-detached Victorian house, which is divided into six individual self contained units. The majority of the tenancies have now run into periodic terms, as most tenants have been in residence for some time, with the building when fully let as now it produces an income of £37,500 per annum.

Each apartment is self-contained and has the benefit of a fitted kitchen, some having integrated appliances.

The building has been well maintained and benefits from some sealed unit double glazing. The studio apartments have electric heating and the other four apartments have individual gas fired central heating systems with modern combination boilers.

A schedule of the tenancy agreements and accounts for the last three years are available upon request. Each of the individual units are let on the basis of water rates included, but all other services are paid for by the individuals.

The building is an attractive semi-detached Victorian building delightfully situated to the south of The Stray. The immediate area supports an excellent range of amenities catering for most daily needs with the town centre less than a mile away. Due to the location it will prove to be an excellent letting prospect as the situation is perfect for access both into and out of town.

Tenure

Freehold.

Services

All mains services are connected to the property.

Directions

Leaving Harrogate via the A61 Leeds Road, Alderson Road will be found as the second turning on the left.

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Our next auction is on 7th March 2019

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