Derald House, King Cross Street, Halifax Centre

Property Details

• 10 Bedrooms
• 5 Bathrooms
• 5 Receptions
• Yard
• Parking: Garage

An Excellent investment opportunity is presented by Derald House which provides 11 apartments in an excellent town centre location producing a rental income of circa £73,000 (2020). Very rarely does such a good investment opportunity present itself and as such an early inspection to view is strongly recommended.



The property consists of two detached three-storey stone-built apartment blocks with secure private car parking for 11 cars with electric gated access in a town centre location.



Block 1 comprises two x one-bedroom, two x two-bedroom and 3rd floor duplex penthouse apartments together with the additional benefit of a leisure/recreational facility located at lower ground floor level with a private lift to the penthouse and leisure facility.



Block 2 is located directly opposite comprising six x two-bedroom apartments.



Each block is served by a centrally located passenger lift and stairwell with the accommodation finished to a high standard throughout.



Private designated secure car parking is provided for 11 cars in total.



We understand that all mains services are connected to the property with each flat being separately metered. Please note none of these services have been tried or tested and interested parties are advised to satisfy themselves as to their condition and suitability



LOCATION
The property is situated in Halifax Town Centre within close proximity to many major occupiers including Lloyds Retail Banking Headquarters, Leeds Becket University Business Centre, Eureka! The National Children’s Museum and Covéa Insurance PLC which forms part of the famous Dean Clough Mills complex.



The property is also located within walking distance of the Grade I* Listed Piece Hall which has benefitted from significant tourism influx into the town attracting over 3 million visitors per year. Good transport links exist with Leeds City Centre within 15 miles (30 mins by train), Manchester within 20 miles (40 mins by train) and London Kings Cross 2 hours by train.



TENURE The Freehold Interest is being offered For Sale subject to the existing Assured Shorthold Tenancy Agreements.



THE CURRENT RENTAL INCOME for the property is: Block 1: £35,700pax Block 2: £37,800pax Total Income: £73,500pax



EPC Available on request.



VAT All figures quoted are exclusive of VAT if applicable.



LEGAL FEES Each party to be responsible for their own legal fees incurred in any selling transaction.



VIEWING For more information or to book a viewing please contact the sole selling agent: