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    Mulberry House, Wakefield

    Offers In Region of £90,000Leasehold

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    Estimated Monthly Mortgage Payment:
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    £81,000
    Total Repay
    £128,264

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    Mulberry House, Wakefield

    Offers In Region of £90,000

    Flat
    1 Bedroom1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:£2,500 per year
    Ground rent:£250 per year
    Time remaining on lease:240 years
    Council tax band:A
    Broadband:up to 17Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Tenanted investment property
    One bedroom
    Modern Specification
    Located in the popular 'Merchant Gate' development
    Walking distance to Wakefield Westgate station
    Allocated Parking space
    10.3% gross yield
    Great rental location
    Fully compliant tenancy
    Ready made investment

    Description

    ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!

    A well presented one bedroom apartment close to Wakefield Westgate station!

    The Lettings Club are delighted to offer to market this high-quality apartment in the well located Mulberry House development, just minutes walk from Wakefield city centre. Providing super-convenient access to the local town centre economy as well a regional cities, this apartment is likely to have a broad tenant appeal.

    The apartment also benefits from an allocated parking space in a neighbouring multi storey car park.

    A look inside the property:

    The apartment briefly comprises: entrance hallway with large storage cupboard, a newly decorated open plan kitchen/ living area, bedroom and a good sized bathroom.

    Externally the apartment also benefits from an allocated parking space in a neighbouring multi storey car park.

    Location:

    Situated in the heart of the hugely popular Merchant Gate development, Mulberry House is in the perfect location with many shops, bars and some of Wakefields best restaurants right on your doorstep. Residents also benefit from excellent transport links via Wakefield Westgate train station, adjacent from the development, as well as being walking distance to the local colleges and large employers.

    Financial Breakdown:

    Gross rent: £9300 PA
    Gross yield: 10.3%

    Service charge: Approx. £2500 PA inc buildings insurance (Unconfirmed)
    Ground rent: Approx. £250 PA (Unconfirmed)
    Lease length: Approx. 240 years (Unconfirmed)
    Let and managed via The Lettings Club

    Points of interest:

    - Wakefield Westgate train station: 0.2 miles
    - Wakefield One: Approx. 0.1 miles
    - Wakefield College: Approx. 0.3 miles
    - Pinderfields Hospital: Approx. 1.1 miles
    - Leeds: Approx. 20 minutes direct train
    - M1 and M62 road links: Approx. 15 minutes drive

    Video walkthrough available upon request.
    Wakefield Girls' High School
    (0.23 miles)
    Number of pupils: 900
    Age Range: 7 - 18
    Wakefield Grammar Pre-Preparatory School
    (0.31 miles)
    Number of pupils: 260
    Age Range: 3 - 7
    Queen Elizabeth Grammar School
    (0.37 miles)
    Number of pupils: 920
    Age Range: 7 - 18
    Wakefield Lawefield Primary School
    (0.4 miles)
    Good
    Number of pupils: 412
    Age Range: 3 - 11
    Wakefield St Johns Church of England Voluntary Aided Junior and Infant School
    (0.45 miles)
    Good
    Number of pupils: 212
    Age Range: 4 - 11
    St Austin's Catholic Primary School
    (0.56 miles)
    Good
    Number of pupils: 308
    Age Range: 4 - 11
    Wakefield Greenhill Primary School
    (0.7 miles)
    Inadequate
    Number of pupils: 233
    Age Range: 3 - 11
    Wakefield Pinders Primary (JIN) School
    (0.72 miles)
    Good
    Number of pupils: 314
    Age Range: 3 - 11
    Wakefield St Marys Church of England Voluntary Aided Primary School
    (0.72 miles)
    Good
    Number of pupils: 248
    Age Range: 2 - 11
    Wakefield Flanshaw Junior and Infant School
    (0.82 miles)
    Requires improvement
    Number of pupils: 398
    Age Range: 3 - 11

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