1 bedroom apartment for sale

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1 bedroom apartment for sale

Wharf Street, SOWERBY BRIDGE
£56,000

Our Summary

  • SUMMARYAUCTION SALE 29 July 2025 - Tenanted apartment with an annual yield of £6,600
  • DESCRIPTION***FOR SALE BY AUCTION
  • ***FOR SALE BY AUCTION***
  • AUCTION SALE

Description

This is an auction sale of a one-bedroom apartment located in a converted mill building in Sowerby Bridge, with a ready-made investment opportunity. The property has a tenant in situ, paying £550 per month, resulting in an annual yield of £6,600. The apartment features characterful design, riverside views, and benefits from an allocated parking space, recently upgraded double-glazed windows, and a new electric heating system. The property is within walking distance to the train station, bus stops, local amenities, and supermarkets. The leasehold property has 999 years remaining, with a ground rent of £15 per year and a service charge of £2,417 per year. The guide price for the property is £56,000, and the auction is taking place on July 29, 2025.