Grosvenor House - Wakefield
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
431 sq ft
40 sq m
Description
A Premier Investment Opportunity in the Heart of Wakefield:
Discover Grosvenor House, a distinguished development offering an exceptional opportunity for investors. Perfectly situated in the bustling heart of Wakefield, this boutique conversion is designed to meet the demands of modern living while maximizing rental yields. Wakefield is a city on the rise, with significant investment and development projects underway, making this the ideal time to invest in this thriving location. The close proximity to Leeds further enhances its appeal, ensuring strong rental demand from professionals and short-term tenants alike.
Investment Highlights:
* Type: Conversion of a former office building into 44 modern apartments
* Unit Mix: Large studios and 1-bedroom apartments
* Prices Starting From: £95,000 - £105,000
* Lease: 999 years
* Ground Rent: Peppercorn
* Service Charge: £2 per sqft
* Rental Yield: Up to 11% NET via Short Term Lets (STL) and 7% NET via Assured Shorthold Tenancy (AST)
About Wakefield:
Wakefield, a historic cathedral city in West Yorkshire, is undergoing a remarkable transformation. Known for its picturesque countryside, artistic heritage, and vibrant community, Wakefield offers a unique blend of culture and convenience. The city's strategic location, just 20 minutes from Leeds by car or a 15-minute train ride, makes it a highly attractive place to live, work, and invest. The ongoing 20-year masterplan will further enhance the city's appeal, with new urban green spaces, improved infrastructure, and significant residential and commercial developments on the horizon.
Enquire now to receive to following:
* Development Brochure
* Availability
* Short Term Let Projections
* Images
* Floor Plan
Don't miss out on this opportunity to invest in Wakefield's premier development, perfectly positioned to capitalize on the city's growth and proximity to Leeds. Contact us today to arrange a viewing or for more information.
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Brochures
Brochure- 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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Energy performance certificate - ask agent
Grosvenor House - Wakefield
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About Residential Estates, Chester
First FL. Kinnerton House Bell Meadow Business Park Park Lane Pulford CH4 9EPWe started our business 25 years ago as a Chester based property rental and lettings agency, and have grown into a respected, and diverse provider of property services.
The reason for our long term success, is due to constant focus on developing lasting client relations, offering unparalleled expertise over a full spectrum of services within the property industry.
We currently have multiple business departments, listed as follows:
Residential Property Investment
Residential Property Sales
Residential Lettings
Land Acquisitions
Property Management
Serviced Accommodation
International Property Sales & Investments
We are Chester's first internet based estate agency, and investment specialists. We believe in moving in-line with the change of the market place, to ensure our customers receive the very best service, from all divisions of our company portfolio.
The tailored service we offer directly meets the needs of our clients, as a tenant, a landlord, or an investor, we respect and value your business.
We would like to thank all of our clients over the years for helping us reach an important milestone, our silver anniversary, which we celebrated in 2015 after 25 years in business.
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Visit our security centre to find out moreDisclaimer - Property reference Grosvenor-1bed. 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 Residential Estates, Chester. 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.
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