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Wath Road, Brampton, Barnsley

PROPERTY TYPE

Block of Apartments

BEDROOMS

25

BATHROOMS

24

SIZE

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TENURE
Describes 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

  • 12 Apartment PORTFOLIO
  • 11 x Two Bedroom & 1 x Three Bedroom
  • To Include FREEHOLD
  • Ownership Of Management Company
  • NET Rental Income Of £77,220 Per Annum
  • Contact For More Information

Description

Brampton Beck, Barnsley, South Yorkshire. S73 0XB.

An excellent opportunity to purchase a readymade, fully let, business in a box.
Consisting of 12 Apartments which are half of a larger development of 24 properties. The freehold for the full development of 24 apartments, and the control of the management company.
The properties available are 11 x two bedroom 2 bathroom apartments and 1 x three bedroom duplex apartment. Off road parking is provided with 18 spaces servicing the 12 apartments.

Situated just outside Wombwell, Barnsley. Brampton Beck was built in 2008 as a purpose-built apartment block. Being 10 minutes from the M1 Junction 36. It is easily commutable to Sheffield, Leeds, Wakefield, Doncaster and Barnsley.

The portfolio sale presents an opportunity for investors to acquire a collection of apartments with a strong rental income which are easily managed.

Gross Rent Passing £92,100.00 per annum
Net Rent Passing £77,220 per annum
Ground Rents £9,600 per annum
Income from Management Company£6,500 per annum
Giving a 6% return on income

Purchase Price £1,550,000

Brochures

Wath Road, Brampton, BarnsleyBrochure
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.
Yes
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

Wath Road, Brampton, Barnsley

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About Yorkshire Residential Sales & Letting Ltd, West Yorkshire

Hub 26 Hunsworth Lane Cleckheaton BD19 4LN

Yorkshire Residential is a sales and letting estate agent owned by Craig Sugden who has 25 years of experience at both corporate and independent level across West Yorkshire.

The YR team bring a wealth of local knowledge and expertise to the property and management market. We have strong links with local contractors who enable us to offer a professional and reliable service. Our team have established relationships with a select panel of solicitors who ensure the buying and selling process is as smooth as possible.

Our unique style of working means we can offer both an excellent service at a fair price with no hidden costs.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£7,387
We think you can borrow up to
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Disclaimer - Property reference 33815776. 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 Yorkshire Residential Sales & Letting Ltd, West Yorkshire. 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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