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Barstow Square, Wakefield, West Yorkshire, WF1

Barstow Square, Wakefield, West Yorkshire, WF1

£425,000

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Property Summary

This is a rare opportunity to acquire *six high-demand apartments* in the heart of *Wakefield town centre, an area known for its excellent rental potential and vibrant urban lifestyle. These apartments are part of a **modern freehold development, ensuring full ownership of both the **freehold and leasehold rights. The portfolio consists of **five 1-bedroom apartments* and *one 2-bedroom apartment*, making it ideal for tenants seeking accommodation in the bustling town centre.





Full Details

This is a rare opportunity to acquire *six high-demand apartments* in the heart of *Wakefield town centre, an area known for its excellent rental potential and vibrant urban lifestyle. These apartments are part of a **modern freehold development, ensuring full ownership of both the **freehold and leasehold rights. The portfolio consists of **five 1-bedroom apartments* and *one 2-bedroom apartment*, making it ideal for tenants seeking accommodation in the bustling town centre.


Key Details:
- *Development:* Six Apartments (Five 1-bedroom and One 2-bedroom)
- *Ownership:* Freehold (with the purchaser owning the leasehold)
- *Rental Income:* Projected at *£42,480 annually*
- *Prime Location:* Situated in Wakefield town centre, offering excellent transport links, proximity to shopping, dining, and local amenities.


Income Potential:
The expected rental yield is *£42,480 per year, presenting a solid return on investment. With Wakefield's growing demand for rental properties, especially in the town centre, there's strong potential for **full occupancy* and rental increases over time.


Why Invest?
1. *Central Location:* Town centre properties are highly sought after due to convenience, attracting professionals and commuters.
2. *Diverse Tenant Base:* The mixture of 1- and 2-bedroom apartments caters to a broad range of tenants.
3. *Stable Income:* A portfolio like this promises steady rental income, with minimal vacancy risk due to high demand in the area.


This is an ideal opportunity for an investor looking for a *hands-off rental investment* with *strong income potential* in a prime location.


Rental Amounts
Flat 1 - £565.00
Flat 2 - £565.00
Flat 3 £585.00
Flat 4 £650.00
Flat 17 £625.00
Flat 21 £550.00

Location

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