2 bed Apartment (Leasehold)

MoveNowProperties are pleased to present this spacious two-bedroom first floor apartment, offering generous living accommodation throughout and located in a convenient area close to local amenities and transport links. The property is positioned above a quiet bridal shop and benefits from a private entrance accessed via external steps. Internally, the apartment offers a large open-plan living space, fitted wardrobes to both bedrooms and a private balcony accessed from the main bedroom. The property is being sold via auction through I Am Sold and is currently tenanted, making it an excellent opportunity for investors looking to purchase a property with tenants already in situ and an immediate rental income. Viewing is highly recommended to fully appreciate the size and potential this apartment has to offer.
Please note this property is to be sold with a sitting tenant! Current rent being paid £675 – Approx gross yield of 10% Approx Net Yield of 9%
Investment Opportunity – Tenants in Situ
This property is being sold with tenants in situ, providing an excellent opportunity for investors seeking an immediate rental income. Further details regarding the tenancy can be provided upon request.
The property is being sold via auction through I Am Sold. Interested buyers are advised to review the auction terms and conditions and register their interest early.
Location
The apartment is located in a convenient residential area of Wakefield, close to a range of local amenities including shops, supermarkets, schools and leisure facilities. The property is within walking distance of Sandal & Agbrigg railway station, providing excellent rail links to nearby towns and cities including Leeds and Sheffield.
Wakefield city center is also only a short distance away, offering a wider selection of retail, dining and entertainment options. The area benefits from good road connections, making it ideal for commuters.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.