4 bed end terrace house for sale

Flats 1-4, Lower York Street, Wakefield, West Yorkshire WF1

This end-terraced property has been split into 4 x one bedroom apartments, all of which are tenanted. This ready-made investment is generating £19,980 per annum, which, at the guide price, offers a 20% yield. Two of the flats are in modern condition, whilst two are in poor condition and do require cosmetic improvement.

It’s located close to Wakefield city centre, with the shops, bus station and supermarkets within walking distance. It’s also in easy reach of the motorway network and Wakefield Westgate train station for commuters.

Interested parties should be aware that the property has suffered from some structural movement. However, buyers are advised to do their own research in this regard.

Accommodation

Ground Floor

Flat 1: Living room/bedroom. Kitchen and shower room
Flat 2: Living room/bedroom. Kitchen and shower room

First Floor

Flat 3: Living room/bedroom. Kitchen and shower room
Flat 4: Living room/bedroom. Kitchen and shower room

Externally

Rear yard

Additional Information

Council Tax

Wakefield Council - each flat band A

EPC Ratings

Flat 1: E
Flat 2: D
Flat 3: E
Flat 4: D

Tenure

Freehold

Charges And 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.
Buyer’s Premium: £1,200 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.