Residential Investment - an excellent opportunity to acquire four purpose built, one and two bedroom apartments: Completed in 2016, presently all income producing and enjoying an ideal commuter location close to Menston railway station with its links to Leeds and Bradford. Contemporary specification and allocated parking.
These four first floor purpose built apartments form part of a mixed use scheme developed in 2016 by Gregory Property Group, and provide a variety of one and two bedroom accommodation retaining the balance of a 10 year Premier warranty as well as offering a broad contemporary specification to include integrated cooking equipment to the kitchens, stylish white sanitaryware to the bathrooms, and allocated parking spaces within the forecourt area. Each apartment is fitted with a thermostatically controlled heating system as well as an audio door entry phone, integrated smoke detection and double glazing. Apartments 1,2 and 3 all offer a one double bedroom layout with bathroom and combined living kitchen, whilst Apartment 4 provides two double bedrooms, one of which is en-suite.
The units enjoy a prominent location within Menston village, just a short walk from The Fox public house, cricket ground and ‘metro’ railway station with it's frequent services into nearby Leeds, Ilkley and Bradford. The village centre and popular park are also within a few minutes walk.
The village itself occupies a popular position, ideally placed for commuting into the region’s business centres but is equally accessible to the stunning open countryside of Wharfedale as well as nearby Ilkley and Otley. Everyday amenities include local shops, a post office, churches of a number of denominations, as well as sports clubs and a variety of pubs/restaurants. The nearby towns of Guiseley, Ilkley and Otley each offer their own distinct character and style of retail, social and recreational amenities and are all connected to Menston by public transport.
The apartments are set over the first floor of a Sainsbury’s Local store, midway between The Fox and Hare & Hounds public houses on the Ilkley/Guiseley road.
By prior arrangement with the firm’s Ilkley office on opt 1). Patrick McCutcheon would be pleased to deal with any enquiries and can be reached on or .
The tenure of the property is freehold. The commercial element of the property as well as the majority of car parking has been sub let by way of a 999 year lease granted in the August of 2016 and is subject to a peppercorn ground rent. Four car parking spaces are retained for use by the apartment residents.