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10 bedroom block of apartments for sale
Dencombe Terrace, WF9
£460,000
Dencombe Terrace, WF9
£460,000
Our Summary
- Investment Opportunity - Block of 6 Apartments for Sale Offered Exclusively by Rockello Real Estate Address: Dencombe Terrace, South Kirkby, Pontefract, WF9 3EB Potential Annual Income: £47,880 Projected Yield: Strong 10%+ Overview: An exceptional investment opportunity with high rental demand
- Development Potential - Two 1-bedroom apartments need minor work to be completed
- High Rental Income - Potential to generate £47,880 per year once fully let
Description
This exceptional investment opportunity consists of six apartments in South Kirkby, Pontefract, with a strong projected yield of over 10%. The block is already generating a significant annual income of £32,280 from four fully let units, with two additional units ready for completion, expected to bring in an additional £15,600 annually once finished. The existing tenants are willing to stay with a planned rental increase, providing a steady cash flow. The property offers a low-cost finalisation of the partially completed units, excellent location, and high rental demand in the area, making it an attractive opportunity for investors looking to grow their portfolio. With a potential annual income of £47,880, this is a fantastic chance to boost returns and benefit from the strong rental market in South Kirkby.