Block of flats for sale

Sharp Lane, Wakefield WF3

A portfolio of 3 residential flats located in Wakefield. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

This property consists of three self-contained flats, each with its own private entrance. The ground-floor flats each feature a spacious bedroom and lounge, a modern bathroom, and a well-equipped kitchen with ample cupboard storage. The upstairs flat offers two bedrooms, a larger lounge, and the same modern bathroom and kitchen features. Off-road parking is also available for added convenience.

Investment details

It currently produces an annual gross income of £21,732 which could be increased by the new owner to a market rate of £31,200 with long term tenants currently situated. Considering the purchase price, 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.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.