Oak Avenue, WF3

Investment information
- Full addresses: 16,18,20,22 Oak Avenue, Stanley, Wakefield WF3 4PG
- Purchase price: £365,000.00
- 4 x 1 bedroom apartments
- Parking available
- Each apartment will be leasehold when sold with 999 years on lease
- Managing company will be sold with apartments
- No ground rent or service charge
- Gross monthly income - £2,300.00
- Gross annual income - £27,600.00
- Yield – 7.5%

Reasons to invest in Wakefield
1. Growing market: Wakefield has a growing property market, with increasing demand for both residential and commercial properties. This means that property prices may rise over time, offering the potential for capital growth.
2. Location: Wakefield is a well-connected city, with easy access to major motorways, airports, and rail networks. It is also close to major cities such as Leeds, Sheffield, and Manchester, making it an attractive location for businesses and individuals.
3. Regeneration: Wakefield has undergone significant regeneration in recent years, with investment in infrastructure, housing, and amenities. This has helped to boost the local economy and create more opportunities for growth and development.
4. Rental income: Wakefield has a strong rental market, with high demand for properties from both students and young professionals. This can provide a reliable source of rental income for property investors.
5. Affordability: Property prices in Wakefield are generally more affordable than in other major cities in the UK, making it an attractive option for first-time buyers and investors alike.
Transport links
1. Bus: There are several bus routes that run through WF3 4PG, connecting it to nearby towns and cities such as Leeds, Wakefield, and Bradford. The main bus operators in the area are Arriva and First Bus.
2. Train: The nearest train station to WF3 4PG is Outwood station, which is located approximately 2 miles away. Outwood station is served by regular trains on the Northern Rail network, providing connections to Leeds, Wakefield, and other destinations.
3. Taxi: Taxis are readily available in the area and can be booked through local taxi companies or through ride-hailing apps such as Uber and Lyft.
4. Car: WF3 4PG is located close to major motorways including the M1 and M62, providing easy access to destinations across the North of England. On-street parking is available in the area, although it may be limited during peak times.