Key info
4Bedrooms
3Bathrooms
0 sqmSize
Property description
Strategy: HMO
Property Overview
We are delighted to present this newly refurbished four-bedroom HMO investment property located in the sought-after area of Wakefield. Situated outside of the new Article 4 direction zone, this property provides excellent flexibility for investors looking to maximise their returns in the growing HMO market.
Address: 59 Henry Street, Wakefield, WF2 9NY
Tenure: Freehold
Sale Price: £200,000
Expected Gross Income: £2,100 pcm / £25,200 pa
Yield: 12.6% gross yield
Accommodation
This modern HMO has been thoughtfully converted and refurbished to the highest standard, offering bright, comfortable, and practical living spaces.
Four Double Bedrooms
2 Ensuite Bedrooms (First Floor) - Expected rental £550 pcm each
2 Ground Floor Bedrooms (Sharing one modern bathroom) - Expected rental £500 pcm each
Brand-New Kitchen with ample storage and appliances
3 Bathrooms - modern finishes throughout
Fully Furnished - ready for immediate tenant occupation
Investment Highlights
Immediate Income Potential - Projected gross rental of £2,100 per calendar month
Turnkey Investment - Refurbished, fully furnished, and compliant with HMO standards
Strong Yield - Achieving 12.6% gross return at asking price
Low Barrier to Entry - Only £200,000 for a ready-to-let HMO asset
Outside Article 4 Direction - No restrictions on future HMO use
Sourced reference: 166463903
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network