2 bed flat for sale

Red Hall Avenue, Wakefield WF1

Red Hall Avenue, Wakefield, Wf1 2Fx

Yieldit are pleased to offer to the market this beautifully presented two bedroom property offering a strong opportunity for investors looking to add a well located property to their portfolio. The accommodation comprises two bedrooms, two bathrooms and a reception room, providing well proportioned and versatile living space with good potential for the rental market. Its practical layout and location make it well suited to investors seeking a property with both rental income potential and scope for longer term growth.

Red Hall Avenue is situated in a popular area of Wakefield, with convenient access to local amenities, shops, schools and transport links. The property is also well placed for access to Wakefield city centre and the wider West Yorkshire area, making it an appealing location for tenants looking for good connectivity and access to employment and leisure facilities.

Wakefield is experiencing significant regeneration and investment, with the council's current plans focused on housing growth, economic development and the transformation of the city centre. The £24.1 million Towns Deal is supporting a range of projects designed to attract investment, businesses and residents into the city centre. In 2026, Wakefield Council also announced plans for a major new Cathedral Quarter following its acquisition of The Ridings, with the long term scheme expected to deliver more than 1,000 new homes alongside new leisure, living and events space. This continued regeneration and investment, combined with an established rental market, makes Wakefield an attractive location for investors seeking rental income and longer term capital growth potential.

Please note, this property may fall within an area where a selective licensing scheme applies.

Financial Breakdown

Gross Rent: £9,900.00
Net income: £7,782.00
Gross yield: 8.25%
Net yield: 6.49%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08616