1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (125 years remaining)
- Large 1 Bedroom Apartment
- 5th Floor
- 5th Floor Tenant In Situ Paying £500pcm
- Tenant Has Been In Situ Since October 2022
- Allocated Parking Space Included
- Gross Yield Of 9.2%
Property Description
Pure Investor are delighted to bring to the market this beautifully presented 1-bedroom 5th floor apartment at 31 Wheatley Court, Halifax HX2 8QL. The property has been finished to a very high standard and is ideal as an investment opportunity. Within a 3-minute drive to local supermarket, 2-minute drive to local medical centre and a 7-minute drive to Halifax town centre the property is perfectly located. The is currently a tenant in situ in the apartment who moved in on the 19th of October 2022 and is now on a rolling contract. The tenant is paying £500pcm currently and is looking to stay, hence why the apartment is being sold to investors.
Investment Information
Full Address: 31 Wheatley Court, Halifax, HX2 8QL
Property Type: Apartment, 5th floor
Bedrooms: 1
Bathrooms: 1
Asking Price: £65,000
Tenure: Leasehold (125 years remaining)
Parking: The owner paid extra to have a designated parking space with the apartment
Current Rental Income: £500pcm (£6,000 per annum)
Gross Yield: 9.2%
Service Charge: £1,168 per annum
Ground Rent: £150 per annum
Net Yield: 7.2%
Managed by a letting agency
Balcony space with great views
Places of interest
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Property reference 31Wheatley. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure Investor - Pure investor.
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Broadband availability and predicted speed: obtained from Ofcom on April 5, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 5, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 1, 2020 from 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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