1 /10
£295,000
St. Helena Road, Bradford, BD6
- 0 beds
Under offer/SSTC
£295,000
- 0 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£1,347 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£14,750
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Your Choice Estate Agents are delighted to present an exceptional opportunity: a motor repair garage and a three-bedroom house for sale in the heart of Wibsey, covering approximately 2,000 sq. ft.
Key Features:
Detached Garage: Currently let on a 12-month lease, including a front yard area parallel to the garage/office.
Three-Bedroom House: In need of full refurbishment with potential to either retain its current layout or convert it into a four-storey building for self-contained flats, subject to planning permission.
Approved Planning Permission: The property comes with planning approval to convert the current three-bedroom house into a seven-bedroom home with three reception rooms and a carport in the front garden, offering private access to the house.
Location:
Located on St Helens Road, right in the town centre of Wibsey, the motor repair garage is currently rented out on a short-term lease. The tenant’s business benefits from high visibility with eye-catching signage, ample space for car sales, and a steady stream of passing trade.
Premises:
Workshop: Single-storey building with a roller door to the front and side, ideally suited for motor repair services.
Reception / Office: Includes a kitchen area.
WC: Equipped with a toilet and washbasin.
Parking: The front parking area of the premises is rented to the current tenant.
Residential House:
Ground Floor: Entrance lounge, dining kitchen, stairs leading to the landing.
First Floor: 3 bedrooms and 1 family bathroom.
The house requires refurbishment, but there is scope to create an additional floor. The property could potentially be converted into three one-bedroom self-contained flats across three floors, maximizing its rental potential.
Rental & Investment Potential:
Current Garage Lease: The garage and front yard are currently rented, producing ?18,000 per annum in rental income.
Additional Potential:
The rear yard and front of the house could offer further rental opportunities, with an estimated income of ?10,400 per annum.
The conversion of the house into two self-contained flats could yield an additional rental income of ?12,000 per annum.
This provides an estimated total potential rental income of ?40,400 per annum, making it an attractive investment opportunity.
Marketing & Advertising Campaign:
Maximise Social Media Reach: We will leverage social media platforms to showcase this unique opportunity, targeting both local buyers and national investors.
Future-Proofing with Electric Vehicle (EV) Services: Highlight the potential for the garage to introduce electric vehicle services, making it future-ready and appealing to a growing market.
Price:
?295,000 (Freehold). This property offers outstanding potential for both young owner-occupiers and investors alike.
Early viewing is strongly advised to fully appreciate the opportunity this property presents.
Tenure Freehold
EPC Rating E.
https://find-energy-certificate.service.gov.uk/energy-certificate/0270-3961-0325-5620-6034
Rateable Valuation
Current rateable value (1 April 2023 to present) ?7,600 Please check your self for more accurate figure with local authority.
139 /141, St Helena Road, Bradford, West Yorkshire, BD6 1TB
https://www.tax.service.gov.uk/business-rates-find/valuations/start/11061485000
Hours
The current trading hours are -
Monday to Friday ? 8:30am ? 6pm
Saturday ? 9am ? 5pm
Sunday ? 10am ? 4pm
Staff
We are advised that the business is run and managed by our client who is on of the tenant in the premises
VIEWING ARRANGEMENTS
Strictly by prior telephone appointments with Your Choice estate agents.
Opening hours Monday to Thursday 09.00am -05.30pm
Friday 09.00am -01.00pm and .03.00pm-05.00pm Saturday 10.00am -04.00pm
Are you thinking of selling or even letting your property!
Call us today on 01274 493333 for a FREE VALUATION without obligation
NO SALE OR LET ? NO CHARGE
For more details or to make an appointment please contact the above office at your earliest convenience.
Property Reference TOL-1H9X14Y7Z6Z
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£0
Mortgage and legal costs:
£999
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