Sharp Lane, Wakefield WF3 4 bed block of apartments for sale

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Sharp Lane, Wakefield WF3 4 bed block of apartments for sale

Sharp Lane, Wakefield WF3
£345,000

Price History

Initial price £350,000
13/02/25 £345,000
Price Change -1.43%

Description

This portfolio of three self-contained flats in Wakefield offers a fantastic investment opportunity for those looking to expand their portfolio. The property features three flats, each with its own private entrance, spacious bedrooms, lounge, modern bathroom, and well-equipped kitchen. The flats are situated in a desirable area with valuable amenities nearby, and currently produce an annual gross income of £21,732. With long-term tenants already in place, the new owner has the potential to increase the income to a market rate of £31,200. The property also benefits from off-road parking and is close to local amenities. The current tenants have a good track record of paying rent on time and have no intention of moving out, making this a stable and lucrative investment opportunity.