3 bedroom end terraced house

Castleford Road, Normanton WF6 2EJ

Size: 91 sqm

Purchase price

£125,000

Size: 91 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,400
Net income £5,400
Gross yield 4.32%
Net yield 4.32%

yieldit are pleased to present to the market this delightful property being sold with long term tenants in situ yielding a fantastic 4.32% NET with scope to increase. The end terraced property is wonderfully presented throughout and consists of two reception rooms; a modern fully-fitted kitchen; three good-sized bedrooms; a family bathroom with three-piece suite and a brilliant low-maintenance rear yard.

The popular area of Normanton is located in the outer district of Wakefield, with Castlefield Road enjoying a convenient position close to good schools, amenities and the town centre which can easily be reached on foot. The nearby M62 provides easy access to the cities of Wakefield, Leeds and beyond making it an excellent location for commuters who want to benefit from cheaper rents whilst still being close to the city. Wakefield is the home of several big companies such as Haribo, Next PLC, Card Factory and Coca Cola which create employment opportunities and demand for rental properties within the area.

Wakefield is embarking upon an exciting period of regeneration which aims to put the city on the map, the Rutland Mills project will create a modern multi-cultural space, complete with offices, music studios and a boutique hotel all designed to be a northern version of London’s famous Tileyard Studios which is expected to be a gamechanger for the Wakefield economy.

Properties in Wakefield are around 20% cheaper than the nearby city of Leeds, with property prices in the postcode of WF6 increasing by an impressive 12% since 2019 and by 8% in the last 12 months alone (Rightmove). With the average price of a property in WF6 standing at f £172,111, Castlefield Road is an excellently priced opportunity for investment so don’t miss out and enquire today!

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! Excellently presented end terraced property with three bedrooms and an additional loft room in the popular area of Normanton, don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Not suitable for owner occupiers

Key features

4.32% NET yield with scope to increase

Key features

Three bedrooms

Key features

Kept to an excellent standard by current tenants

Key features

Modern fully-fitted kitchen

Key features

Family bathroom with three-piece suite

Key features

Fantastic rear yard

Key features

Freehold

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! Excellently presented end terraced property with three bedrooms and an additional loft room in the popular area of Normanton, don't miss out and enquire today. More info...

yieldit are pleased to present to the market this delightful property being sold with long term tenants in situ yielding a fantastic 4.32% NET with scope to increase. The end terraced property is wonderfully presented throughout and consists of two reception rooms; a modern fully-fitted kitchen; three good-sized bedrooms; a family bathroom with three-piece suite and a brilliant low-maintenance rear yard.

The popular area of Normanton is located in the outer district of Wakefield, with Castlefield Road enjoying a convenient position close to good schools, amenities and the town centre which can easily be reached on foot. The nearby M62 provides easy access to the cities of Wakefield, Leeds and beyond making it an excellent location for commuters who want to benefit from cheaper rents whilst still being close to the city. Wakefield is the home of several big companies such as Haribo, Next PLC, Card Factory and Coca Cola which create employment opportunities and demand for rental properties within the area.

Wakefield is embarking upon an exciting period of regeneration which aims to put the city on the map, the Rutland Mills project will create a modern multi-cultural space, complete with offices, music studios and a boutique hotel all designed to be a northern version of London’s famous Tileyard Studios which is expected to be a gamechanger for the Wakefield economy.

Properties in Wakefield are around 20% cheaper than the nearby city of Leeds, with property prices in the postcode of WF6 increasing by an impressive 12% since 2019 and by 8% in the last 12 months alone (Rightmove). With the average price of a property in WF6 standing at f £172,111, Castlefield Road is an excellently priced opportunity for investment so don’t miss out and enquire today!

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Not suitable for owner occupiers
    Tick Desktop 4.32% NET yield with scope to increase
    Tick Desktop Three bedrooms
    Tick Desktop Kept to an excellent standard by current tenants
    Tick Desktop Modern fully-fitted kitchen
    Tick Desktop Family bathroom with three-piece suite
    Tick Desktop Fantastic rear yard
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,400
Net income £5,400
Gross yield 4.32%
Net yield 4.32%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.