Summary - 11, THE GROVE LS29 9LW
2 bed 1 bath Mixed Use
**Standout Features:**
- Vacant, newly renovated 2-bedroom duplex apartment
- Current rental income of £26,960 per annum; potential growth to £42,000
- Prime location in Ilkley, a thriving spa town
- Ground and basement occupied by established commercial tenants
- High ceilings and elegant Victorian architecture
- Excellent views of Ilkley Moor
- Close to numerous amenities and public transport
**Concerns:**
- 10 years remaining on commercial leases may limit mortgage options
Nestled in the heart of The Grove in picturesque Ilkley, this stunning mixed-use property features a newly renovated 2-bedroom duplex apartment, ideal for families or investors seeking a second home or holiday rental. With a current rental income of £26,960 per annum and potential to increase to £42,000, this property is positioned to provide exceptional returns. The ground and basement levels are occupied by reputable tenants, including a well-established estate agent and hair salon, ensuring a steady cash flow.
Enjoy the grandeur of Victorian architecture with high ceilings and ornate features, all while soaking in breathtaking views of Ilkley Moor from your elegant living space. The property’s prime location is complemented by a variety of nearby amenities, from charming cafes to bustling shops, making it perfect for those who appreciate community and convenience. While there are future considerations regarding financing due to the remaining lease terms, this property stands as a unique opportunity for the discerning buyer to create a vibrant living or investment space in a highly sought-after area. Don’t miss your chance to secure this rare find—properties like this won’t last long!
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