Flat for sale in The Silk Mill, Dewsbury Road, Elland, Calderdale HX5

The Silk Mill, Dewsbury Road, Elland, Calderdale, Hx5 9Ar

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 Breakdown

Gross Rent: £8,340.00
Net income: £6,784.69
Gross yield: 9.27%
Net yield: 7.54%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07764