This property has been taken off the market.

1 Bed Flat For Sale Wheatley Court, Halifax, HX2

£65,000- Flat

1 of 9
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Last Updated: 6th March 2024

Description

Property Description\r
Pure Investor are delighted to bring to the market this beautifully presented 1-bedroom 5th floor apartment at 31 Wheatley Court, Halifax HX2 8QL. The property has been finished to a very high standard and is ideal as an investment opportunity. Within a 3-minute drive to local supermarket, 2-minute drive to local medical centre and a 7-minute drive to Halifax town centre the property is perfectly located. The is currently a tenant in situ in the apartment who moved in on the 19th of October 2022 and is now on a rolling contract. The tenant is paying £500pcm currently and is looking to stay, hence why the apartment is being sold to investors.\r
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Investment Information\r
Full Address: 31 Wheatley Court, Halifax, HX2 8QL\r
Property Type: Apartment, 5th floor\r
Bedrooms: 1\r
Bathrooms: 1\r
Asking Price: £65,000\r
Tenure: Leasehold (125 years remaining)\r
Parking: The owner paid extra to have a designated parking space with the apartment\r
Current Rental Income: £500pcm (£6,000 per annum)\r
Gross Yield: 9.2%\r
Service Charge: £1,168 per annum\r
Ground Rent: £150 per annum\r
Net Yield: 7.2%\r
Managed by a letting agency\r
Balcony space with great views
Agent Details
Pure
Pure, The Forum, Tameside Business Park, Windmill Lane, Manchester, M34 3QS

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested