Queen Street, Pontefract, Wakefield
- PROPERTY TYPE
End of Terrace
- BEDROOMS
4
- BATHROOMS
2
- 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
- Immediate rental income with three rooms currently occupied
- Potential gross yield of 13.3% based on market rents
- Potential net yield of 10.27% after operating costs
- Four-bedroom HMO with two ensuite rooms
- No Article 4 restrictions and no HMO licence currently required
- Excellent value-add opportunity through rental growth and full occupancy
Description
Pure Investor is pleased to present this attractive four-bedroom HMO investment opportunity in the heart of Pontefract. Generating immediate rental income with three rooms currently occupied and a fourth room actively being marketed, this property offers investors strong cash flow from day one together with significant scope to increase returns.
The property comprises four spacious double bedrooms, two ensuite shower rooms, a family bathroom, communal lounge/dining area and fitted kitchen, providing a desirable accommodation setup for professional tenants.
Unlike many comparable HMO investments, the property is not situated within an Article 4 area, meaning no HMO licence is currently required, helping to keep compliance and operating costs manageable.
At the current asking price of £180,000, the property already delivers a strong return, with the potential to achieve gross yields of up to 13.3% and net yields exceeding 10% once fully let at anticipated market rents.
This represents an ideal opportunity for investors seeking a high-yielding, income-producing asset with clear value-add potential through rental growth.
Investment Highlights
Four-bedroom HMO investment
Immediate rental income in place
Three rooms let with further rental upside
Not located within an Article 4 area
Potential gross yield of 13.3%
Potential net yield of 10.27%
Two ensuite bedrooms
Strong cash-flow investment
EPC Rating D
- 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
Queen Street, Pontefract, Wakefield
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Visit our security centre to find out moreDisclaimer - Property reference Queen-street. 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 Pure, Manchester. 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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