Wheatley Court, Halifax HX2 2 bed apartment for sale

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Wheatley Court, Halifax HX2 2 bed apartment for sale

Wheatley Court, Halifax, West Yorkshire, HX2
£59,950

Price History

Initial price £75,000
01/08/24 £69,950
03/12/24 £65,000
22/01/25 £59,950
Price Change -20.07%

Description

This beautifully presented 2-bedroom, 14th floor apartment at 89 Wheatley Court, Halifax, is an ideal investment opportunity. Finished to a high standard, the property is located just a 3-minute drive from a local supermarket, 2-minute drive from a medical centre, and 7-minute drive from Halifax town centre. The current tenant, who moved in on October 19, 2022, is on a rolling contract and is paying £595 per month, generating an annual rental income of £7,140. With a gross yield of 12%, service charge of £1,426 per annum, and ground rent of £150 per annum, the net yield is 9.3%. The property is managed by a letting agency and features a balcony with great views. The asking price is £59,950, making it an attractive investment opportunity for those looking to generate passive income.