Thornhill Street, Wakefield, WF1
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
18
- BATHROOMS
18
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- 18 Bedroom HMO in Wakefield City Centre
- Monthly Rental Income of £9,176.20
- Projected ROI of 13.4%
- En-suite Rooms throughout
- Very high occupancy rates
- Fantastic Central Location
- 4 x Communal Kitchens and Laundry facilities
- Finished to a high standard internally
- 1% Buyer's Premium Applies*
Description
Key Features:
18 En-Suite Bedrooms: Each of the 18 spacious bedrooms comes with a private en-suite bathroom, offering tenants a comfortable and self-contained living space. This modern setup is highly desirable and ensures strong tenant retention.
Prime Location: Situated in close proximity to Wakefield city centre, the property is ideally located for tenants seeking easy access to amenities, public transport, and employment hubs. The area is highly popular among young professionals and couples.
Fully Licensed HMO: The property is fully compliant with HMO regulations and holds the necessary licenses, making it a turnkey investment ready for immediate income generation.
High Occupancy Rates: This HMO boasts very high occupancy rates, ensuring a steady and reliable income stream. The property’s excellent location and well-maintained condition make it a sought-after choice among tenants.
Modern Amenities: The property is equipped with modern communal facilities, including several large shared kitchen/diners & laundry facilities, enhancing the appeal to potential tenants.
Investment Highlights:
High Yield: With a rental income exceeding £9,000 per calendar month, this property offers an impressive return on investment, making it an attractive opportunity for serious investors.
Low Vacancy Risk: The combination of a prime location and fully en-suite rooms ensures low vacancy rates, providing a stable and consistent income.
City Centre Proximity: The close proximity to the city centre adds significant value to this investment, with tenants willing to pay a premium for such a convenient location.
Secure Your Investment Today!
This 18-bedroom HMO represents a rare opportunity to acquire a high-yield, low-risk property in a prime location. Exclusively available to investors, this property is a must-see for those looking to expand their portfolio with a secure and profitable asset.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995+ VAT) of the agreed sale fee applies to this property, £995 + VAT of which must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see 'Buyer's Premium' page on our website for more information.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Thornhill Street, Wakefield, WF1
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About BRH, Doncaster
The Castle Mill, Minneymoor Hill, Conisbrough, Doncaster, DN12 3EN
BRH are a full service Estate and Letting Agency that specialise in selling properties completely free of charge and are experts in Property Management, focusing specifically on the Yorkshire area.
At BRH, it's completely free of charge to sell your property, sellers really do pay nothing.
That's because we believe it's the smartest way to do things. No concerns about upfront fees, hidden costs or extra charges. Instead, the buyer pays a 1% buyers premium. To us, it just makes sense.
You'll find our approach for finding the smartest and simplest solutions across all our services, including selling, renting, buying, letting and property management.
We connect sellers, buyers, renters, landlords and investors, and build partnerships that benefit everyone. That means good, reliable people and high-quality, well-maintained properties.
BRH are also experts in Property Management & Lettings
We specialise in developing and providing stable investment properties in the Yorkshire area that meet the needs of both private and social tenants.
If you're a Landlord or Investor and you are looking for industry experts with exceptional knowledge within the Yorkshire region to advise, guide or provide you with a comprehensive full management or letting service, then BRH is for you.
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Visit our security centre to find out moreDisclaimer - Property reference RX410268. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BRH, Doncaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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