Auction Property 2 Bed Flat 

Crofters Court, Havercroft, Wakefield

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Features

  • Auction date: 28th & 29th October 2020
  • Sale by Joint Fixed Charge Receivers
  • Two-bedroom apartment
  • Ideal FTB or BTL opportunity
  • Current rental income of £400 pcm (£4,800 pa)
  • Current gross yield of 14.77%
  • Approx. 495 Sq. Ft / 45.98 Sq. M
  • Village location
  • On street parking
  • Leasehold

Quick Details

2 Bedrooms1 Reception1 Bathroom

Address

10 Crofters CourtHavercroftWakefieldWest YorkshireWF4 2PW
Details
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Property Details

•For Sale By Online Auction: 28th & 29th October 2020
•Guide Price: £32,500+
•Two bedroom duplex maisonette
•Tenanted: current income of £400 pcm (£4,800 pa)
•Current gross yield of 14.77% based on the guide price

•Auction Date: 28 & 29 October 2020
•Guide Price: £32,500+
•Two bedroom duplex maisonette
•Tenanted: current income of £400 pcm (£4,800 pa)
•Current gross yield of 14.77% based on the guide price

A two bedroom duplex maisonette accessed at ground floor level, with its own front entrance.

This property is located on Crofters Court, off Cow Lane within the small village of Havercroft, approximately 8 miles from the city of Wakefield.

Leeds city centre is approximately 13.4 miles to the north of Wakefield, with easy access provided via the M1. Sheffield is situated 26 miles to the south, and accessed by road via the M1 motorway in approximately 45 minutes.

Description

A two bedroom duplex maisonette arranged over ground and first floors. To the ground floor, the accommodation comprises; living room and kitchen, plus a downstairs toilet.

The kitchen is fitted with a gas hob and oven with extraction hood, tiled splash backs, base and eye level cupboards. There is also spot lighting and a stainless steel sink and drainer.

The first floor accommodation includes two bedrooms and family bathroom. The bathroom is modern and has a bath, W.C. and sink.

Externally, the property includes shared front and rear gardens with fencing.

There is unrestricted on street parking on Cow Lane, and one allocated car parking space within Crofters Court Development.

Accommodation

Approx. gross internal floor area: 50.51m2 / 544 ft2

Services

We understand the property benefits mains electricity, water, and drainage. However, interested parties should carry out their own enquiries.

Tenure

Leasehold – please refer to the legal pack for further information.

Guide Price

£32,500+

Council Tax

This property is rated in Council Tax Band A. Annual council tax payable for 2020/2021 is £1,156.

VAT

No VAT applicable on the purchase price.

Investment Analysis

The property is currently occupied under an assured shorthold tenancy agreement and will be sold with the tenant in situ. The rental income is £400 pcm (£4,800 per annum). This reflects a current gross yield of 14.77%, based on the guide price.

Viewing

Viewings by appointment only. Please contact a member of John Pye Property on 0115 970 6060 or email property@johnoye.co.uk to arrange an appointment.

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