Summary - Ings Road, Wakefield, West Yorkshire, WF1 WF1 1DG
2 bed 1 bath Flat
Balcony, parking and an income stream—ready-made let for investors seeking central units.
Immediate rental income £700 PCM
Allocated off-street parking space
Private balcony from living room
623 sq ft, two double bedrooms
Leasehold; service charge c. £1,050 pa
Ground rent c. £385 pa
Electric storage heating, double glazed
High local crime and very deprived area
A practical buy-to-let in the heart of Wakefield, this 2-bedroom second-floor apartment delivers immediate income with a sitting tenant paying £700 PCM. The 623 sq ft layout includes a living room with balcony, two double bedrooms and an allocated off-street parking space — useful city-centre benefits for letting or resale.
The property is sold via the Modern Method of Auction. Buyers should note this sale requires a non-refundable reservation fee (percentage-based) and completion within a specified post-contract period; allow time for finance checks and read the buyer information pack carefully before bidding.
Key running costs are clear: a leasehold tenure with an annual service charge around £1,050 and ground rent about £385. Heating is by electric storage heaters and the flat has double glazing; these reduce maintenance complexity but can be less efficient than gas in terms of running costs.
Location strengths are immediate: central amenities, frequent transport links and nearby schools, making this straightforward to let. Material considerations include the high local crime and very deprived area classification—important for investor risk assessments and insurance. Overall this is a pragmatic central-unit investment with rental income already in place and scope for modest updating to improve yield.
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