Ashdown Road, Wakefield WF1 4 bed terraced house for sale

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Ashdown Road, Wakefield WF1 4 bed terraced house for sale

Ashdown Road, Wakefield WF1
£235,000

Our Summary

  • 9% YieldRecently refurbished and fully furnished, this four-bedroom, four-bathroom HMO offers a turnkey investment opportunity in a strong Wakefield rental location
  • 9% net yield based on £235,000 purchase pricePotential to add further rooms (subject to permissions and licence variation)This property represents a solid, income-producing HMO in a consistent rental market, with scope to add value in the long term

Description

This recently refurbished four-bedroom, four-bathroom HMO in Wakefield is a turnkey investment opportunity, offering a strong yield of approximately 9%. The property features modern communal kitchen and lounge facilities, as well as four private en-suite bedrooms, each with its own modern bathroom. The property is fully furnished and ready to let immediately, with a gross rent of £2,250 per month and typical running costs of around £500 per month. With a net income of £1,750 per month, this property represents a solid income-producing investment, with potential to add further rooms subject to permissions and licence variation. Located within walking distance to Wakefield city centre and Pinderfields Hospital, the property benefits from strong rental demand from professionals and hospital staff, making it an attractive opportunity for investors seeking a consistent rental income.