1 bed flat

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1 bed flat

Grove Road, Wakefield WF1
£60,000

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 an attractive 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 a tenant already in situ, and considering the purchase price and potential future rental income, it's a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years, paying their rent consistently, and have no plans to move out. With a smooth transaction process facilitated by Let Property, this property presents a solid investment opportunity for those interested.