Summary -
Apartment 10 Bayheath House,20, Market Street,WAKEFIELD,WF1 1DH
WF1 1DH
2 bed 1 bath Apartment
Investment-ready flat with tenant in place and allocated parking.
No onward chain — quick completion possible
Priced at £63,000, this compact two-bedroom flat in Wakefield offers immediate rental income — tenants remain in situ. The open-plan living/kitchen space and large windows deliver natural light across the main room, and one allocated off-street parking space adds practical value for tenants or short-stay visitors.
Important costs and conditions are clear: the property is leasehold (around 113 years remaining), with a service charge of approximately £3,134.04 and ground rent of £335.81 annually. The sale is cash buyers only and is offered with no onward chain, making it suitable for an investor seeking a quick purchase and straightforward ownership transfer.
The apartment is compact (about 537 sq ft) and described as well presented, but it sits in a very deprived area with a very high local crime rate — factors that will affect tenant demand, insurance costs and long-term capital growth. Useful transport links and close proximity to Wakefield Westgate station and city amenities support ongoing rental appeal.
Buyers should budget for standard upkeep and verify tenant terms and condition of fixtures before purchase. This is a clear investment proposition for cash buyers seeking an affordable, city-centre let with immediate occupancy and predictable service charges.
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