2 bedroom apartment for sale

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2 bedroom apartment for sale

Wheatley Court, Halifax, West Yorkshire, HX2
£69,950

Price History

Initial price £75,000
01/08/24 £69,950
Price Change -6.73%

Description

This beautifully presented 2-bedroom apartment is located on the 14th floor of 89 Wheatley Court, Halifax, and is being sold as an investment opportunity. The property has been finished to a high standard and is currently occupied by a tenant who moved in on October 19, 2022, and is on a rolling contract. The tenant is paying £595 per month, which translates to £7,140 per annum, providing a gross yield of 10.2%. The property benefits from a balcony with great views and is within a short drive to local amenities, including a supermarket, medical centre, and Halifax town centre. The apartment is leasehold with 125 years remaining, and the service charge is £1,426 per annum, with a ground rent of £150 per annum. The net yield is 8%, making it an attractive investment opportunity for those looking to generate a steady income.