Summary - 107 Grosvenor House, Union Street, WAKEFIELD WF1 3FJ
1 bed 1 bath Flat
Modern, tenanted city-centre flat — auction sale with rental income in place.
Approximately 410 sq ft one-bedroom third-floor apartment
A compact, modern one-bedroom apartment in the heart of Wakefield, offered to investors at auction. The third-floor flat (approx. 410 sq ft) sits in a contemporary 2023 building and is currently tenanted, producing £800 pcm (£9,600 pa). Its open-plan living space, integrated kitchen appliances and large double-glazed windows give a low-maintenance, city-centre rental package.
Practical benefits include secure entry, well-kept communal areas, internal bicycle storage and access to a private residents’ roof terrace with wide city views. Connectivity is strong with excellent mobile signal and fast broadband—useful for tenants and short-term lets.
Important considerations: the property is leasehold and will be sold at auction (registration required). An administration fee of £3,600 (inc VAT) is payable on exchange; buyers must check the legal pack for additional disbursements. No viewings are possible due to the current tenancy and the auction house has not inspected the flat.
The apartment is heated by electric room heaters (no central gas), which may affect running costs. The building has an EPC rating C; council tax is very cheap. The location is central but in an area noted as very deprived, which will influence tenant type and long-term capital growth.
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