Summary - 41 Elizabeth Street & 1 Frances Street , Elland HX5 0JH
1 bed 1 bath Commercial Development
**Standout Features:**
- Prime corner location on Elizabeth Street & Frances Street, Elland
- Mixed-use investment with ground floor offices and four tenanted one-bedroom apartments
- Planning permission for conversion to two additional duplex two-bedroom apartments (granted May 2022)
- Substantial overall size: 3,023 sq ft (280.84 sq m)
- Strong rental income potential with current tenants generating consistent cash flow
**Concerns:**
- Urban setting may lack expansive scenic views
- Condition of mains services hasn't been verified
This substantial commercial property in Elland offers an exceptional investment opportunity for savvy buyers. Sitting prominently at the intersection of two residential streets, the classic stone facade and period features of this three-story building can capture a charming historical essence. Currently consisting of four one-bedroom apartments, all tenanted and generating rental income, the property also includes ground-floor offices, providing a solid financial foundation.
With granted planning permission for the conversion of the office space into two additional duplex two-bedroom apartments, this property presents significant development potential. The corner location ensures excellent accessibility while maintaining a neighborhood feel.
Local amenities abound within walking distance, offering convenience and a vibrant community atmosphere. While the urban setting may limit expansive views, the opportunity to enhance the property further makes this listing a unique find in a market where demand for rental properties is high. Given its current performance and growth potential, this could be the ideal situation for long-term investors or those looking to expand their portfolio. Don't miss out on this promising commercial asset!
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