Summary - CHANTRY WATERS 33 WATERSIDE WAY WAKEFIELD WF1 5ED
1 bed 1 bath Apartment
Central one-bedroom investment with long lease and low running costs.
- Vacant third-floor one-bedroom apartment, 460 sqft
- 136 years remaining on lease, leasehold tenure
- Service charge £1,931.48pa; ground rent £250pa
- Sold to investors only; STRICTLY NO PETS policy
- Central Wakefield location; walking distance to station
- Area classified as deprived with very high crime rates
- Modern open-plan kitchen, laminate flooring, built-in wardrobes
- Property on former coalfield; check insurance/inspection requirements
This third-floor, one-bedroom apartment in Chantry Waters offers a straightforward investment let-ready opportunity in central Wakefield. Vacant possession and a 136-year lease make it simple to place on the market or into an agent-managed tenancy quickly. The open-plan living/kitchen and built-in bedroom storage give a practical, low-maintenance layout attractive to renters.
Running costs and lease details are important for investors: service charge £1,931.48pa and ground rent £250pa. Council Tax Band A keeps ongoing costs low for tenants. The property is sold STRICTLY TO INVESTOR BUYERS and has a no-pets policy that may suit some managed-let strategies but could limit pet-friendly demand.
Location is a clear strength — city-centre position, short walk to Kirkgate station and easy M1 access — supporting rental demand from commuters and local workers. Note the local context: the area is classified as deprived with very high crime rates, and the building sits on former coalfield land; these factors can affect tenant profiles, insurance and management costs.
Internally the flat is modern and tidy: laminate floors, integrated kitchen appliances and a combined shower-bath. Broadband speeds are average and mobile signal is excellent. Flood risk is low. Investors should budget for routine service-charge obligations and consider whether the no-pets rule, local crime profile and management needs fit their intended strategy.
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