AN EXCELLENT INVESTMENT OPPORTUNITY - THIS END TERRACED HOUSE IS DIVIDED INTO TWO INDEPENDENT APARTMENTS, EACH LET ON AN ASSURED SHORTHOLD TENANCY, PRODUCING IN TOTAL £700 PCM, GIVING A 5.4% GROSS YIELD. Located in central Middletown, a 2 minute level walk to the town centre, 1 George Street is a sizeable end-terraced house which has been divided into two apartments (ground and first floor), each offering one bedroomed accommodation with a shared enclosed yard and outbuilding. Each apartment is currently let on a 6 month Assured Shorthold Tenancy (the first floor apartment is on a roll-over) at a modest £350 pcm.
- Great Investment Opportunity
- Substantial End Terraced House Divided into Two Apartments
- Each Apartment Let on AST's
- Current Income £700 pcm
- Gross Yield 5.4%
- Central Location, 2 Minutes Level Walk to Town Centre
Known as the 'Gateway to the Dales', Skipton is a thriving and historic market town on the edge of the stunning Yorkshire Dales National Park, with strong agricultural connections and a magnificent castle dating back to the 11th Century. Its colourful High Street hosts a market four days a week on the cobbled setts, along with a wide choice of shops, restaurants and public houses. The Leeds-Liverpool Canal runs through the town with its pretty towpath walks and for families there is an excellent choice of schooling at both Primary and Secondary level. Small wonder that in 2014 Skipton was voted by The Sunday Times as the best place to live in Britain, receiving commendations for its "ideal combination of low crime rates, top-class schools and great transport links", and in 2017 the Office of National Statistics revealed that Skipton is officially the happiest place to live in the UK!
Situated in the heart of Middletown, the property is at the corner of George Street and Swadford Street, handy for local everyday shops and with the bus station just around the corner. Both apartments have UPVC double glazed windows and electric night storage heaters. In brief the accommodation is described below using approximate room sizes:-
SITTING ROOM 13' 05" x 13' (4.09m x 3.96m) Electric stove fire in dressed stone surround with plinth shelving. Night storage heater. Arch to:-
KITCHENETTE 8' 06" x 3' 10" (2.59m x 1.17m) Fitted cupboards and sink. Electric cooker and fridge.
DOUBLE BEDROOM 12' x 11' 06" (3.66m x 3.51m) plus large recess with access to cellar. Night storage heater.
SHOWER ROOM Three piece white suite comprising: shower cubicle; pedestal hand basin; low suite w.c. Shaver light. Extractor fan.
CELLAR 20' 05" x 14' (6.22m x 4.27m) Stone-flagged floor. Fuse boxes. Plumbing for automatic washing machine.
GROUND FLOOR ENTRANCE HALL Staircase to first floor.
LANDING Night storage heater.
SITTING ROOM 13' 03" x 11' 07" (4.04m x 3.53m)
KITCHENETTE 9' x 6' 10" (2.74m x 2.08m) Range of fitted cupboards and stainless steel sink. Electric cooker. Plumbing for automatic washing machine.
DOUBLE BEDROOM 15' x 11' 05" (4.57m x 3.48m) Night storage heater.
BATHROOM Three piece white suite comprising: bath with electric overhead shower; hand basin; low suite w.c. Dimplex wall heater.
OUTSIDE To the rear is an enclosed stone-flagged yard with outbuilding.
PLEASE NOTE The extent of the property and its boundaries are subject to verification by inspection of the title deeds. The measurements in these particulars are approximate and have been provided for guidance purposes only. The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order. The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.
COUNCIL TAX Both apartments 1A and 1B are in Council Tax Band A. For further details please visit the Craven District Council website.
MONEY LAUNDERING REGULATIONS Money Laundering Regulations (Introduced June 2017). To enable us to comply with the expanded Money Laundering Regulations we are required to obtain identification from prospective buyers once a price and terms have been agreed on a purchase. Buyers are asked to please assist with this so that there is no delay in agreeing a sale.
VIEWING ARRANGEMENTS We would be pleased to arrange a viewing for you. Please contact Dale Eddison's Skipton office. Our opening hours are:-
Monday to Friday: 9.00am - 5.30pm
Saturday: 9.00am - 4.00pm
Sunday: 11.00am - 3.00pm
Please note that as both apartments are tenanted, we ask for a minimum of 48 hours notice to view.
DIRECTIONS From the roundabout at the bottom of the High Street, bear right onto Keighley Road, go past the Bus Station on the right, and then take the next left-hand turning onto Swadford Street. The property is located at the corner of Swadford Street and George Street, which is the 5th street on the left. A For Sale sign is erected.