Grove Road, Wakefield WF1 1 bed flat for sale

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Grove Road, Wakefield WF1 1 bed flat for sale

Grove Road, Wakefield WF1
£55,000

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 great 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. It currently has a tenant in situ, generating an annual gross income of £7,200, and has consistently paid rent for several years. The property has the potential to earn a worthwhile return in future years, making it a worthwhile addition to an investor's portfolio. With the current tenants having no intention to move out, the property offers a smooth transaction process and a reliable source of rental income.