Summary - 1, KING STREET HX1 1SR
1 bed 1 bath Commercial Property
**Standout Features:**
- Mixed-use commercial and residential investment.
- Estimated rental income of approximately £70,000 per year.
- Eight one-bedroom apartments finished to a good standard.
- Corner building with significant street visibility.
- Off-street parking for tenants and customers.
- Close to Halifax's town centre and transport amenities.
**Potential Concerns:**
- Very high crime rate in the local area.
- Average broadband speeds.
- Deprivation levels are classified as very deprived.
This substantial mixed-use corner property in Kings Apartments offers an incredible investment opportunity with a projected rental income of around £70,000 per annum. With a blend of ground-floor commercial space and eight well-finished one-bedroom apartments, this property is strategically located on the edge of Halifax town centre, ensuring excellent visibility and access to a host of amenities, including shops, cafes, and transportation links.
With its classic ashlar stone exterior and significant parking privileges, this property not only serves current tenants well but also offers potential for future rental growth, particularly in the residential segment. However, prospective buyers should factor the region's very high crime and deprivation rates into their considerations. This investment is perfect for those looking to diversify their portfolio in a promising location ripe for future development. Don’t miss this rare opportunity to secure an almost fully tenanted property in a bustling urban environment.
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