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    Mulberry House, Wakefield

    £70,000Leasehold

    111
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    Mortgage

    Estimated Monthly Mortgage Payment:
    £324 /mo.25 Years, 3.75% Interest
    Loan
    £63,000
    Total Repay
    £97,171

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    Mulberry House, Wakefield

    £70,000

    Flat
    1 Bedroom1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:Not available
    Ground rent:Not available
    Time remaining on lease:240 years
    Council tax band:A
    Broadband:up to 17Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    One bedroom
    Modern Specification
    Located in the popular 'Merchant Gate' development
    Walking distance to Wakefield Westgate station
    Allocated Parking space
    Potential 13.2% gross yield for investors
    Great rental location
    Great for first time buyers
    Sold with vacant possession

    Description

    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 and Westgate train station. Providing super-convenient access to the local town centre economy as well a regional cities, this apartment is likely to have a broad buyer appeal and will perfectly suit a 'hands off' investor.

    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:

    Service charge: Approx. £2500 PA inc buildings insurance (Unconfirmed)
    Ground rent: Approx. £250 PA (Unconfirmed)
    Lease length: Approx. 240 years (Unconfirmed)

    Potential gross rent: £9300 PA
    Potential gross yield: 13.2%

    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. Please note the images have been furnished using AI and the property is sold unfurnished.

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    Marketed by

    Marcus Swift

    FARLA Sales Director
    Call Marcus0330 133 4919 (WhatsApp me!)
    Email Marcus
    Marcus Swift
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