31 Wheatley Court, Halifax

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 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 property is currently tenanted (long-term tenancy, commenced 19th of October 2022) and the tenant is now on a rolling contract. The tenant is paying £500pcm currently and 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: £55,000.00
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: 11%
Service Charge: £1,168 per annum
Ground Rent: £150 per annum
Net Yield: 8.5%
Current rental market value: £525.00pcm (10% yield)
Balcony space with great views

31 Wheatley Court, Halifax - Key Points

Location

Halifax, United Kingdom