Market Street, Wakefield, WF1 2 bed flat for sale

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Market Street, Wakefield, WF1 2 bed flat for sale

Market Street, Wakefield, WF1
£59,999

Our Summary

  • Investment Opportunity - Two-Bedroom Third-Floor Apartment with Sitting Tenant Movenowproperties present this centrally located Two-bedroom apartment, an ideal investment opportunity with a sitting tenant already in place
  • Located in the heart of the city, this apartment offers convenience, comfort, and excellent investment potential
  • Planning permissions N/A Accessibility features N/A Coal mining area West Yorkshire is a mining area All buyers are advised to check the Coal Authority website to gain more information on if this property is affected by coal mining
  • Sold with a Sitting Tenant – A fantastic turnkey investment opportunity

Description

This is an investment opportunity for a two-bedroom third-floor apartment with a sitting tenant already in place, offering a gross rental yield of approximately 11%. The property is centrally located, with modern living spaces, convenient access to local amenities, and allocated parking. The apartment features a welcoming entrance hall, a spacious open-plan living area with a modern fitted kitchen, two bedrooms, and a contemporary bathroom. The property has a 125-year lease remaining and a service charge of £2,761 per annum. The sitting tenant is currently paying £650 per month, making it an attractive investment opportunity for those looking to generate a steady income.