Call the team on 0113 393 3482 for more information
This substantial property comprises six self-contained 1 bedroom flats each let to the same tenant (Cascade Homes Group) on a 10 year lease from February 2022. The passing rent is £25,920 with the tenant responsible for all utilities and council tax. This represents an excellent opportunity for any landlord seeking a more “hands off” investment. Based on the quoted guide price it equates to a return over 11%. The property is located between the towns of South Elmsall and South Kirkby with the local train station just 0.2 miles away.
Additional Information
Council Tax
Wakefield
Tenure
Freehold.
Charges & Payments
In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.