This property presents a notable investment opportunity in the heart of Dewsbury, consisting of two adjoining buildings with significant potential for renovation and value enhancement.
The first unit is a three-storey, three-bedroom house that currently stands vacant and offers a blank canvas for updates and customization. This presents an excellent opportunity for an investor or owner-occupier to implement their vision and increase the property's appeal.
Adjacent to this is a tenanted, three-storey, two-bedroom house that is already generating an annual income of £5,640. This dual-income structure allows for immediate cash flow while providing the option to develop the vacant property further. Both units were previously utilized for commercial purposes before their conversion to residential dwellings, indicating potential flexibility in use should you consider future redevelopment.
Located centrally in Dewsbury, these properties are conveniently positioned within easy reach of local amenities, with the train station just 0.2 miles away offering direct access to larger cities such as Leeds and Bradford. The location enhances both residential desirability and rental appeal, suggesting promising returns on investment following the necessary improvements.
With demand for rental properties in this area likely to remain steady, strategically upgrading and letting both units could result in high yields over time. This property not only offers immediate income but also the prospect of substantial appreciation with thoughtful renovations and management.
