Dencombe Terrace, WF9
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
10
- BATHROOMS
5
- 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.
Freehold
Key features
- * Investor Opportunity * NO CHAIN
- Exclusive Listing - Available only through Rockello Real Estate.
- Prime Location - Situated in South Kirkby, Pontefract, with strong rental demand.
- High Rental Income - Potential to generate £47,880 per year once fully let.
- Fully Let Units - Four apartments already occupied, providing steady income.
- Development Potential - Two 1-bedroom apartments need minor work to be completed.
- Strong Yield - Projected return of 10%+, making it a lucrative investment.
- Tenant Retention - Existing tenants are willing to stay, ensuring stability.
- Easy Value-Add - Completing the final two units boosts earnings significantly.
- Great Connectivity - Close to local amenities and transport links.
Description
Offered Exclusively by Rockello Real Estate
Address: Dencombe Terrace, South Kirkby, Pontefract, WF9 3EB
Potential Annual Income: £47,880
Projected Yield: Strong 10%+
Overview:
An exceptional investment opportunity with high rental demand! This block consists of six apartments.
* 2 x 3-Bedroom Apartments
o Fully let, bringing in £795 each per month (£19,080 annually).
* 2 x 1-Bedroom Apartments
o Fully let, bringing in £550 each per month (£13,200 annually).
* 2 x 1-Bedroom Apartments (First Fix Completed)
o Ready for boarding, plastering, and fitting kitchens & bathrooms.
o Once completed, anticipated rental income of £650 each per month (£15,600 annually).
Total Projected Income (All Units Let): £47,880 annually
Current Income (4 Units Let): £32,280 annually
Key Features:
Tenanted Units: Existing tenants in all completed apartments who are willing to stay with a planned rental increase.
Potential Growth: Finish the remaining two 1-bedroom units with minimal investment and boost income by £15,600 annually.
High Yield Potential: A strong return on investment with excellent rental demand in the area.
Why Invest?
Low-cost finalisation of partially completed units.
Steady cash flow from long-term tenants.
Excellent location in South Kirkby with access to local amenities and transport links.
Contact Rockello Real Estate Today!
For further details or to arrange a viewing, call or email .
Don't miss out on this fantastic opportunity to grow your property portfolio!
- 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.
- Driveway,Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Back garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Dencombe Terrace, WF9
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About Rockello Real Estate, Castleford
63 Front Street, Glasshoughton, Castleford, WF10 4RN
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