Villa For Sale Hx1 2ba Ad:987682

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United Kingdom

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Villa Beech Grove House Savile Road Halif Hx1 2ba

£1,300,000

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Villa 7 bedrooms
For Sale
Hx1 2ba
United Kingdom

Price is 13,00,000 Pounds 1.3 million Pounds Final

The full address is
Beech Grove House
Savile Road
Halifax
West Yorkshire
HX1 2BA

The property is a 7 Bed villa with a large garden situated in a
very prominent location in the town center of Halifax, West
Yorkshire and is close to all amenities, train links and motorway
links.

The accommodation is situated across 4 floors, with the ground
floor, first floor and second floor in residential use and the
lower ground (basement) being converted to 6 studio
apartments with a side extension having a further 2 apartments.

The 8 apartments in total generate an annual income of over
£50k. These are fully occupied with a waiting list of potential
tenants in need of apartments.

The property is within 5 min walk to Lloyds Banking Group
Head Office in Halifax. The tenants are prominently employees
of Lloyds Bank and professionals.

The residential property can potentially create a further 10
apartments with the inclusion of an extension. These can
potentially generate a further £120k annually taking the total
return on investment to £170k.

Furthermore there is scope to develop a basement car park /
storage units below the garden to further enhance the return on
investment.
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