4 bedroom terraced house for sale

Offered for sale via auction is the freehold of 138 Valley Road.
The freehold includes the lower ground floor and ground floor tenanted two-bedroom apartments. Each apartment has its own private entrance, the property also has off street parking to the rear. The apartments in total are generating a gross rental income of £19,440 per annum. Ideal for someone looking to add to their rental portfolio.

Apartments 3 & 4 were previously sold off on 125-year leases from 1st January 2006. We understand that a ground rent of £264 per annum is payable per annum by the leaseholders. The lease also allows the freeholder to recover the cost of repairs via a service charge. Please refer to the legal pack for more information in this regard.

Valley Drive is a highly desirable residential area close to Harrogate's town centre which boasts many attractions such as boutique shopping, Betty's famed Tea Rooms and the 200 acre Stray parkland. Transport links are easily accessible with the train line running to the main stations at York and Leeds, the A1M linking into the national motorway network only eight miles away, and Leeds Bradford International Airport a mere thirty minutes’ drive.

Please note: a 10 working day completion applies to this lot.