Grove Villas
Bdaily Business News

Yorkshire properties boost Eddisons' £8m yield

Property surveyors and auctioneers Eddisons have raised over £8m through the sale of 83 lots, including a number of Yorkshire properties.

During a three day sale, the firm sold Grove Villas, a former day care centre on Cardigan Road in Headingley for £545,000 and the former Pennington Place hostel in the Woodhouse area of Leeds for £335,000.

In Bradford, the former Northern Pump Suppliers premises on Bowling Back Lane which extends to over 6800 sq ft sold for £180,000, off a guide of £120,000 plus.

Elsewhere, a property in Shipley town centre which is part let to sandwich chain Subway at £17,500 per annum, sold for £190,000.

A development site in Brotherton, near Knottingley, which has full planning consent for 10 residential properties also proved popular, selling for £150,000.

Tony Webber of Eddisons said: ’Buyers came in big numbers and were clearly in the mood to invest.

“The results underline the fact that regardless of the time of year, the right stock at the right price is a winning formula and is too good for investors to miss.”

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