Property Auctions - property for auction otley
Auction date: Wed, 22/05/2024 - 09:00
Guide Price £90,000+. This mixed-use property would make a good addition to a portfolio. The ground floor is let at £6,000 per annum on a 5 year lease, commencing August 2023. To the first and second floors there is a two bedroom duplex flat let at £450 per calendar month. The total rent equates to £11,400 per annum which provides an investor with a return, in excess of, 12%, based on the guide price.