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South Elmsall, Pontefract, West Yorkshire, WF9

Key features

  • 2 x 2 Bedroom Flats
  • Tenanted Investment Opportunity
  • Annual Income £16,440
  • Garage
  • Separate Council Tax, Electric and Gas Supply
  • Freehold Property
  • Garage Previously Rented for £1,440 per year

Description

Are you looking for a property investment opportunity right here in South Elmsall? If so, this property may be of interest! Brought to market is this freehold property featuring two separate 2-bedroom flats, both currently tenanted and generating a healthy income.

This isn't just a property; it's a ready-made income stream, perfect for those looking to expand their portfolio or start their journey in property investment.


Each of these well-maintained flats offers two good sized bedrooms, a bathroom, and a living area, providing ideal living spaces for tenants. The property benefits from separate council tax, electric, and gas supplies for each unit, making management straightforward and efficient. With an impressive annual income of £16,440 from the tenanted flats alone, this investment is already proving its worth.


This property also includes a garage. Historically, this garage has been rented out for an additional £1,440 per year, adding another layer to your potential earnings, whilst this isn’t the case currently the option and demand has been shown before. Whether you continue to rent it out, use it for storage, or explore other options, it's a fantastic bonus that enhances the overall value and appeal of this offering.


Located in the heart of South Elmsall, West Yorkshire, this property benefits from being part of a vibrant and friendly community. South Elmsall offers a good range of local amenities, shops, and transport links including rail, making it an attractive location for tenants. We know this area well, and we can tell you that properties like this, offering immediate returns and such solid potential, don't come around every day.

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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.
Garage
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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South Elmsall, Pontefract, West Yorkshire, WF9

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Affordability

Monthly repayments£753
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About RedRoots Property, Covering Yorkshire

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Disclaimer - Property reference THP_STH_LFSYCL_621_807525004. 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 RedRoots Property, Covering 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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