1 bed flat

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1 bed flat

Grove Road, Wakefield WF1
£44,994

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Wakefield is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a 1 bedroom, lounge, kitchen, bathroom, and shared private driveway. Currently, it generates an annual gross income of £7,200 with tenants already situated, and considering the purchase price and potential rental income, it would be a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years, consistently paying their rent, and have no intention of moving out, making for a smooth transaction process.