**Standout Features:**
- City center location, close to amenities
- Open-plan living/kitchen
- Secure communal entrance with lift access
- Long-term tenant in situ until November 2025
- EPC Rating: B (energy-efficient)
**Key Details:**
- 1 bedroom, 1 bathroom apartment; total size 413 sq ft
- Leasehold with 116 years remaining
- Service charge: £2,230.17 annually
- Very cheap council tax
This one-bedroom first-floor apartment in the heart of Wakefield presents an excellent investment opportunity for those seeking a hassle-free rental property. Currently occupied by a long-term tenant with a lease running until November 2025, this unfurnished apartment boasts an open-plan living area, a secure communal entrance, and lift access—all in a highly sought-after city center location. With amenities just a stone's throw away, you'll never find yourself lacking for convenience.
While the apartment is low-maintenance with its solid condition and energy efficiency (EPC Rating B), it's essential to consider the high service charge, which may influence your investment yield. The area's crime rate is elevated, which could be a concern for some buyers. However, the strong rental demand in this urban setting compensates for that, presenting a prime opportunity for investors. With ample potential for future renovations or personal touches, this property is an appealing choice for both seasoned investors and first-time buyers looking to enter the market in a bustling urban environment. Don’t miss out—properties like this are rarely available for long!
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