This one bedroom ground floor apartment, located close to Wakefield city centre, would make a good addition to a portfolio. The tenant has lived in the property for the last 8 years and currently pays £400pcm / £4,800 per annum. This equates to a gross return of almost 15% based on the guide price. There are 110 years remaining on the lease. We have been advised the service charge is £1,300 per annum and ground rent at £332.72 per annum.

Ground floor

Living room/kitchen, bedroom and bathroom

Additional Information

Council Tax

Wakefield Council - Tax band A

Tenure:

Leasehold

Disclaimer:

Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT. Buyer's Premium: £900 inc VAT.

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.