7 Bedroom Block of Apartments

Carleton Road, 
Pontefract, 
WF8 3NE
Purchase price
£225,000
  • Tenanted
ATTENTION INVESTORS- GENERATE INSTANT INCOME ON THIS 7 BED HMO INVESTMENT PROPERTY! Managed by a reputable management company, so is a fantastic hands off investment.
  • Financial Performance*
Gross rent
£36,000
Net income
£28,963
Gross yield
16.0%
Net yield
12.87%
  • Key Features
  • Earn Instant Income
  • High Yield Investment Property
  • Freehold
  • 7 Bed HMO
  • Great Location
  • Unique Buy To Let Investment
  • Short Drive Away To Town Centre
  • Reputable Management Company In Place
  • 3 Off Road Parking Spaces To Rear
  • Two Properties Sold Under One Deed

This wonderful property consists of two freehold properties under one title, internally the first property consists of; two single rooms, three double rooms, shared communal kitchen, living area, one bathroom, one shower room, one WC, laundry room, storage cupboard.

Property two consisting of; Two well proportion double bedrooms, kitchen, bathroom, WC. Each of the rooms have separate access doors.

This is a fantastic investment with a potential of over 12% Net yield in current condition , if a few refurbishments were done it could generate an even higher yield.

The property is located just 9 miles from Wakefield with excellent transport links and with Wakefield Westgate train station. This property would be ideal for commuters travelling to Wakefield, Leeds and its surrounding areas.

Carleton Road is incredibly close to all of Wakefield’s local attractions such as the popular Ridings shopping centre, Wakefield’s Theatre Royal and many more shops, restaurants and pubs/clubs.

  • Financial Performance *
Gross rent
£36,000
Net income
£28,963
Gross yield
16.0%
Net yield
12.87%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating