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2 bedroom flat for sale
Market Street, Wakefield, WF1
£59,999
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 to purchase a two-bedroom, third-floor apartment with a sitting tenant already in place, generating a gross rental yield of approximately 11%. The property is located in a central area, offering modern living and convenient access to local amenities, with 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 is leasehold with 113 years remaining on the lease and has a service charge of £2,761 per annum and a ground rent of £445 per annum. The apartment is available for purchase with a sitting tenant who is currently paying £650 per month.