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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • For sale by auction on the 11th December 2019
  • Guide price £33,000 +
  • One bedroom tenanted flat
  • Let to longstanding tenant
  • Currently generating £4,320 per annum
  • Unfortunately no viewings available

Listing view statistics

Last 30 days: 165 page views

Since listed: 725 page views

Description

This one bedroom first floor apartment in Wakefield will appeal to those looking for a stable income. The property is let to a longstanding tenant of eight years and is generating an income of £4,320 per annum. This equates to a return in excess of 13% based on the guide price.

Auction House have not inspected the property but the seller has advised that the property has basic internal fixtures and fittings.

Leasehold Information: Please refer to the legal pack.

Accommodation

First Floor

Hall, lounge, kitchen, bedroom and bathroom.

Charges And Payments

In addition to the deposit
Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £1,080 inc VAT.
Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Wakefield Kirkgate 0.7 miles
  • Wakefield Westgate 1.3 miles
  • Outwood Academy City Fields 0.4 miles
  • Outwood Primary Academy Park Hill 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Wakefield Kirkgate 0.7 miles
  • Wakefield Westgate 1.3 miles
  • Outwood Academy City Fields 0.4 miles
  • Outwood Primary Academy Park Hill 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in WF1:

  • £125,055
  • Price decrease

  • -£442
  • (-0.352%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £101,525
  • Properties sold

    40

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in WF1 is currently:

£425 pcm

Recent sales nearby

See all recent sales in WF1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
2nd Dec 2019 £33,000 Price reduced by £2,000
24th Sep 2019 £35,000 First listed
20th Oct 1997 £15,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Auction House West Yorkshire. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House West Yorkshire for full details and further information.