Block of flats

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Block of flats

Sharp Lane, Wakefield WF3
£345,000

Our Summary

  • 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 portfolio of three self-contained residential flats in Wakefield offers a fantastic investment opportunity for those looking to expand their portfolio. The property features three flats, each with its own private entrance, spacious bedrooms and lounges, modern bathrooms, and well-equipped kitchens. With off-road parking available, the property provides a convenient living space for tenants. Currently, the property produces an annual gross income of £21,732, which could be increased to £31,200 with long-term tenants already in place. The property has been well-maintained, with tenants who have lived in the property for several years and have consistently paid their rent. With a potential annual yield of 8.2%, this property presents a worthwhile addition to any investor's portfolio.