Baileygate Mews, Pontefract WF8 2 bed flat for sale

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Baileygate Mews, Pontefract WF8 2 bed flat for sale

Baileygate Mews, Pontefract WF8
£93,500

Price History

Initial price £100,000
12/10/24 £98,000
18/10/24 £96,000
26/10/24 £94,000
01/11/24 £92,000
07/11/24 £90,000
15/11/24 £100,000
21/11/24 £98,000
28/11/24 £96,000
05/12/24 £94,000
13/12/24 £92,000
19/12/24 £90,000
02/01/25 £100,000
09/01/25 £98,000
15/01/25 £96,000
30/01/25 £94,000
27/02/25 £92,000
13/03/25 £90,000
19/03/25 £88,000
27/03/25 £97,500
03/04/25 £95,500
09/04/25 £93,500
Price Change -6.50%

Description

This 2-bedroom flat in Pontefract is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features two bedrooms, a three-piece bathroom, lounge, kitchen, and allocated parking, and is currently producing an annual gross income of £6,600. With tenants already in situ, the new owner has the potential to increase the rental income to £8,400, making it a worthwhile addition to an investment portfolio. The current tenants have a good track record of paying their rent on time and have no plans to move out, ensuring a smooth transition for the new owner.