Immediate rental income with auction purchase and short-term upside potential.
- Freehold mixed-use property with tenant on FRI lease generating £2,450 PCM
- Currently operating as a residential child care unit (tenant in situ)
- Sold at auction; discounted guide price to encourage sale
- NHBC warranty reported; buyer to confirm coverage and expiry
- Garden, garage and off-street parking included
- Conflicting bedroom information (1 listed vs. 4 in description) — verify
- Local crime flagged as high despite very affluent area designation
- Fast broadband and excellent mobile signal; good nearby schools
A mixed-use, freehold building in Wakefield WF1 offered to auction with an existing FRI commercial tenancy generating £2,450 PCM. The property is currently operating as a residential child care unit and is sold with a tenant in situ, providing immediate rental income for an investor. The offering notes a significant discount intended to drive an auction sale, presenting near-term upside if market comparables are achieved.
The listing references modern features including a garage, garden, off-street parking and an NHBC warranty, and images describe a contemporary brick two-storey façade and a neutral medium-sized living room. Location fundamentals are strong: fast broadband, excellent mobile signal, good local schools and a wide range of amenities and transport links in a largely affluent suburban area.
Buyers should note material points of caution: the lot will be sold at auction, meaning purchase timelines and conditions differ from private treaty sales. The dataset includes conflicting bedroom counts (one source lists one bedroom; marketing text describes four bedrooms) — buyers must verify internal layout and accommodation. Local crime is flagged as high despite the area being described as very affluent; undertake local due diligence.
This proposition suits investors seeking an income-producing asset with immediate cashflow and potential capital upside through repositioning after tenancy expiry. It also suits buyers comfortable with auction procedure and with appetite to verify tenancy terms, physical condition and use-class compliance for continued residential child care operation or alternative uses.
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