Guide price
£55,000
2 bed flat for saleWestgate Central, 117 Westgate, Wakefield, West Yorkshire WF1
2 beds
1 bath
1 reception
EPC Rating: C
- Auction
- Leasehold
Auction House West Yorkshire
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About this property
For sale by auction on the 25th March 2026
Guide price £55,000 +
Two bedroom apartment
Currently tenanted
Generating £8,940 gross rental income
Great addition to a rental portfolio
Council Tax band B - EPC rating C
This two bedroom apartment with a parking space is offered for sale via traditional auction. The property is currently tenanted generating a gross rental income of £8,940 per annum, which reflects a 16.25% gross yield return based on the guide price. This property would be a great addition to a rental portfolio.
Situated within walking distance to a range of city centre amenities, local bus routes and Westgate Train Station. Junction 40 of the M1 motorway is within easy reach, ideal for the commuter wishing to work or travel further afield.
Leasehold information:
Lease length - 125 Years from 1st January 2016
Ground Rent - £275 Per Annum
Service Charge - Requested from the seller & awaiting information.
Accommodation
First Floor
Lounge/kitchen area, two bedrooms and bathroom.
Externally
Parking space.
Additional Information
Council Tax
Band B.
EPC
Rating C.
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 & Payments
In addition to the deposit
Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Searches £360 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.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review