WF17 5HQ - 2 bed talbot mills apartment in Well Lane, WF17 5HQ

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2 bedroom apartment for sale in Talbot Mills, Well Lane, Batley, WF17

Summary - Flat 6 Talbot Mills, Well Lane WF17 5HQ

2 bed 1 bath Apartment

Long-term tenant in place, immediate rental income potential for investors.
Long-term tenant in place paying £625 pcm
Guide price £32,000 — sold at auction, reservation fee applies
Approximately 98 years remaining on the lease
Service charge approximately £1,600 per year
EPC rating E; electric storage heating installed
On-street parking only; no dedicated parking space
Located close to Batley town centre and railway station
Area has very high crime and is very deprived (affects lettability)
This first-floor, two-bedroom flat in a converted Victorian mill is offered as a tenanted buy-to-let, presenting immediate rental income. The current tenant has occupied the property for over eight years and pays £625 pcm, providing predictable cash flow for an investor. The building retains character features such as high ceilings and large windows, while interiors are compact and practical.

The property will be sold via the Modern Method of Auction with a reservation fee payable; guide price £32,000. The lease has approximately 98 years remaining from 2012, service charge around £1,600 per annum and ground rent to be confirmed. Heating is via electric storage heaters and the EPC is rated E.

Location is convenient for Batley town centre and Batley railway station, with local amenities and several Good-rated schools nearby. Note the area has a very high crime index and is classed as very deprived; on-street parking only. These factors affect lettability and management considerations and should be weighed against the long-term tenancy and low entry price.

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