Under Offer

16 Town Street/4 & 5 Gambles Hill, Farsley, Leeds, LS28 5LD
£345,000 offers in the region of

ID:

3023052

1,554 Sq Ft
Freehold
Investment

Details

The property consists of a stone brick, three storey multi let building under a pitched roof. The premises is part of an established parade of shops and living accommodations in the popular Farsley village centre. 16 Town Street is currently let to Lee Reynolds & Istvan Csele starting on March 2022 on a 6 year term (outside the Landlord & Tenant Act 1954). The rent has been increased to £9,950 pa ex. from March 2025. This ground floor premises is currently operating as a tattoo parlour. The property contains two living accommodations accessed via Gambles Hill at the rear. Both 4 & 5 Gambles Hill consist of 1 bedroom flats both let on AST. 4 Gambles Hill is currently rented at £615 pcm with a new rent agreed at £675 pcm starting from October 2025. Furthermore, 5 Gambles Hill is rented at £610 pcm with a review March 2026. The total rental income of the property equates to £24,650 pa and will be increased to £25,370 pa from October 2025.

Location

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