Immediate income opportunity with long lease and allocated parking.
Allocated off-street parking space included
Long lease — 981 years remaining
Currently let at £800pcm until June 2026 (income assured)
Grade II listed — alterations need consent, may add cost
Service charge £1,396.56 per year; ground rent £301.60
Very high local crime rate — affects lettability/insurance
Compact, modern-finish interiors; double glazing and gas heating
Total area 484 sq ft; average-sized rooms, top-floor position
A top-floor apartment in a Grade II listed development, offered with immediate rental income until June 2026. The flat is currently let at £800pcm, presenting a ready-made income stream for an investor or a buyer seeking a let-ready purchase. The long lease (981 years) removes common leasehold timing concerns and the property includes an allocated off-street parking space and communal gardens.
Internally the layout is traditional and efficiently arranged: a large entrance hall, living area with kitchen space, one large bedroom and a contemporary bathroom. Fixtures are modern in style with double glazing and gas central heating via a boiler and radiators. Annual running costs include a service charge of £1,396.56 and ground rent of £301.60.
Buyers should note material constraints tied to the building’s Listed status—any alterations will require Listed Building consent and could limit refurbishing options or increase costs. The immediate area shows very high recorded crime levels; consider this when assessing tenant demand and insurance. Broadband speeds are average and mobile signal is excellent. The property is priced for investment appeal in a well-connected Wakefield location with nearby amenities and a mix of schooling options.
Overall this apartment suits an investor seeking a solid gross yield from day one, or a purchaser prepared to retain as a rented asset while factoring in listed-building restrictions and local safety considerations.
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