Summary - Kaggis Rest Kaggis Rest Kaggis Rest Kaggis Rest Kaggis Rest Sharp Lane, Wakefield, WF3 WF3 3AW
4 bed 3 bath Block of Apartments
Stable income with immediate tenant cover and clear rental uplift potential.
Freehold block of three self-contained flats
A compact, well-maintained block of three self-contained flats on Sharp Lane, offered freehold and producing reliable income. Two ground-floor one-bedroom flats and a larger two-bedroom first-floor flat are separately accessed, each with modern kitchens and bathrooms. Off-street parking adds tenant convenience in this well-connected Wakefield location with fast broadband.
Current long-term tenants provide stability and consistent payments, delivering an annual gross income of £21,732. There is clear upside for a new owner: re-letting at current market rates could increase gross income to an estimated £31,200, improving yield for a buy-to-let portfolio or adding scale for a developer.
Important practical points: this sale includes a Buyers Premium to secure the purchase, and existing tenants have indicated they do not intend to vacate, so the property is being sold with tenancies in situ. Investors should review the Let Property Pack and tenancy agreements carefully to confirm lease terms, notice periods, and any refurbishment or management needs before exchange.
Overall this block will suit investors seeking steady, let income with short-term rental uplift potential, or developers comfortable managing tenanted stock and minor asset management to achieve market rents.
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