Summary - 50 DUNBAR STREET WAKEFIELD WF1 5EG
1 bed 1 bath Apartment
Ideal for investors seeking immediate rental income with low maintenance.
Ground-floor one-bedroom apartment, recently renovated
A ground-floor, one-bedroom apartment in Wakefield offered via auction with immediate rental income potential. The flat has been recently refurbished and provides low-maintenance accommodation: fitted kitchen, lounge with electric feature fire, double bedroom and tiled bathroom. Off-street parking and double glazing add practical appeal, and the EPC is D61.
The property is currently let to Wakefield Council under an assured shorthold tenancy (three-year term) so it suits an investor seeking instant, secure rental income. The leasehold has 91 years remaining; annual service charge and ground rent are modest but purchasers should check exact figures in the buyer pack.
Buyers must note this is a Modern Method of Auction sale with a reserve, non-refundable reservation fee, and buyer’s fees — cash or ready finance is recommended. The local area scores high on deprivation and recorded crime rates are very high, which will impact tenant profiles and potential re-let strategies. Review the tenant documentation and buyer information pack before bidding.
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