Dewsbury, WF13 2NG | Investment Property for Sale | VES-WF13-512

Opportunity to buy high yielding 1-bed investment property generating £4,200 and yield of 8.9% pa

£47,000

Apartment

VES-WF13-512

INITIAL INVESTMENT

£22,392

GROSS RENT / YIELD

£4,200 / 8.9%

NET RENT / YIELD

£1,499 / 3.2%

The property

TENANCY

Tenanted

TENURE

Leasehold

GROUND RENT

£125

SERVICE CHARGE

£1,275

1 bedroom

1 bathroom

1 reception room

475

Unfurnished

  • Length of lease: 999 years starting 2001

Vesta has not visited the property and the marketing material has been provided by the vendor.

About Boothroyd House

Formerly Dewsbury Infirmary, a cottage hospital opened in Northgate in 1876 and served until 1930. The build later housed municipal offices and clinics, and letterly was an annexe to the Technical college.

Boothroyd House was converted to apartments in the late 1990's.

This beautiful apartment is set within a fantastic converted grade 2 listed property. The property is located close to Dewsbury town centre and is set within well maintained grounds.

Tenancy

RENT

£4,200 p.a. / £350 pcm

TENANCY DEPOSIT

£325

TENANCY TYPE

AST

TENANCY AGREEMENT STARTED

13 months ago

TENANCY AGREEMENT ENDS

Periodic

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.

Financials

Rental Income

GROSS RENT PER ANNUM

£4,200

Equivalent of £350 per calendar month (PCM).

GROSS RENTAL YIELD

8.9%

Gross rent per annum divided by the purchase price.

NET RENT PER ANNUM

£1,499

Gross rent per annum minus fully managed operating costs.

NET RENTAL YIELD

3.2%

Gross rent per annum minus fully managed operating costs divided by the purchase price.

FULLY MANAGED OPERATING COSTS

£2,701

The total estimated sum of expenses calculated annually assuming a fully managed service.

Click to understand assumptions.

Profit & Growth

Disclaimer

This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.

About Dewsbury, West Yorkshire

Dewsbury, is a minster town in West Yorkshire. Dewsbury is situated about 6.2 miles west of Wakefield, 10 miles east of Huddersfield and about 14.7 miles south of Leeds.

Lying on the eastern edge of the Pennine Hills, the once important mill town has reverted to being a charming and traditional market town with some fine Victorian architecture, although few of its cloth mills remain.

There has been much urban regeneration, and this is continuing, which has led to its development as a major retail and commercial center for the area.

For families seeking a variety of education, there are many options including Wheelwright Grammar School for Boys, Wheelwright Grammar School for Girls, Kirklees College, Batley College of Art and Design and St John Fisher Catholic Voluntary Academy to name but a few.

Carlton Road,

Dewsbury,

West Yorkshire,

England,

WF13 2NG

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