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£104,000
Grosvenor House - Wakefield, WF1
- 1 bed
£104,000
- 1 bed
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Buy with a mortgage
Estimate monthly mortgage payment:
£475 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,200
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Grosvenor House, Wakefield WF1 3FJ
A Premier Investment Opportunity in the Heart of Wakefield:
Discover Grosvenor House, a distinguished development offering an exceptional opportunity for investors. Perfectly situated in the bustling heart of Wakefield, this boutique conversion is designed to meet the demands of modern living while maximizing rental yields. Wakefield is a city on the rise, with significant investment and development projects underway, making this the ideal time to invest in this thriving location. The close proximity to Leeds further enhances its appeal, ensuring strong rental demand from professionals and short-term tenants alike.
Investment Highlights:
* Type: Conversion of a former office building into 44 modern apartments
* Unit Mix: Large studios and 1-bedroom apartments
* Prices Starting From: £95,000 - £105,000
* Lease: 999 years
* Ground Rent: Peppercorn
* Service Charge: £2 per sqft
* Rental Yield: Up to 11% NET via Short Term Lets (STL) and 7% NET via Assured Shorthold Tenancy (AST)
About Wakefield:
Wakefield, a historic cathedral city in West Yorkshire, is undergoing a remarkable transformation. Known for its picturesque countryside, artistic heritage, and vibrant community, Wakefield offers a unique blend of culture and convenience. The city's strategic location, just 20 minutes from Leeds by car or a 15-minute train ride, makes it a highly attractive place to live, work, and invest. The ongoing 20-year masterplan will further enhance the city's appeal, with new urban green spaces, improved infrastructure, and significant residential and commercial developments on the horizon.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Don't miss out on this opportunity to invest in Wakefield's premier development, perfectly positioned to capitalize on the city's growth and proximity to Leeds. Contact us today to arrange a viewing or for more information.
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
A Premier Investment Opportunity in the Heart of Wakefield:
Discover Grosvenor House, a distinguished development offering an exceptional opportunity for investors. Perfectly situated in the bustling heart of Wakefield, this boutique conversion is designed to meet the demands of modern living while maximizing rental yields. Wakefield is a city on the rise, with significant investment and development projects underway, making this the ideal time to invest in this thriving location. The close proximity to Leeds further enhances its appeal, ensuring strong rental demand from professionals and short-term tenants alike.
Investment Highlights:
* Type: Conversion of a former office building into 44 modern apartments
* Unit Mix: Large studios and 1-bedroom apartments
* Prices Starting From: £95,000 - £105,000
* Lease: 999 years
* Ground Rent: Peppercorn
* Service Charge: £2 per sqft
* Rental Yield: Up to 11% NET via Short Term Lets (STL) and 7% NET via Assured Shorthold Tenancy (AST)
About Wakefield:
Wakefield, a historic cathedral city in West Yorkshire, is undergoing a remarkable transformation. Known for its picturesque countryside, artistic heritage, and vibrant community, Wakefield offers a unique blend of culture and convenience. The city's strategic location, just 20 minutes from Leeds by car or a 15-minute train ride, makes it a highly attractive place to live, work, and invest. The ongoing 20-year masterplan will further enhance the city's appeal, with new urban green spaces, improved infrastructure, and significant residential and commercial developments on the horizon.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Don't miss out on this opportunity to invest in Wakefield's premier development, perfectly positioned to capitalize on the city's growth and proximity to Leeds. Contact us today to arrange a viewing or for more information.
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
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£475 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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- Conveyancing fee
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