TKI Property Group says ..
INVESTMENT OPPORTUNITY – TENANT IN SITU A well-presented, brand new ground floor studio apartment situated in the newly converted Grosvenor House, in the heart of Wakefield city centre. Sold with a tenant in situ paying £675pcm, this property achieves an attractive 7.05% NET Yield, makin...
Property Oracle says ..
This property is a 1-bedroom apartment located on Union Street in Wakefield, West Yorkshire. The apartment appears to be modern and well-maintained, based on the provided images. The location is convenient, with nearby transportation links and schools. However, the plot size is 0.00 sqft, indicating no outdoor space. The list price of £97,000 is significantly lower than the average house price in the area (£247,563), but this is likely due to the smaller size (473.61 sqft) and the fact that it is an apartment rather than a house. Nearby comparable properties show a range of prices, suggesting that the list price could be reasonable given the property’s features and location.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 9
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 473.61
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 193,327.00 £Decreased by 28.04 %
- Est sale value
- 103,246.98 £Decreased by 13.15 %
- Average area rental value
- 771.00 £/moDecreased by 4.22 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.79 %Increased by 33.06 %
- Crime Rate
- 29.00 %Unchanged by 0.00 %
Agent Activity
TKI Property Group created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Queen Elizabeth Grammar School | Other Independent School | 0.65 KM | |
| Capa College | Free Schools 16 To 19 | 0.65 KM | |
| St Austin'S Catholic Primary School | Academy Converter | Good | 0.72 KM |
| Wakefield Girls' High School | Other Independent School | 0.78 KM | |
| Wakefield Pinders Primary (Jin) School | Community School | Good | 0.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Market Walk | £ 0 | 0 | 0.00 KM |
| Industrial Street | £ 0 | 0 | 0.00 KM |
| Bread Street | £ 0 | 0 | 0.00 KM |
| Saville Street | £ 0 | 0 | 0.00 KM |
| Lower York Court | £ 200,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Wakefield Westgate | 8591 | WKF | 1.01 KM |
| Wakefield Kirkgate | 8584 | WKK | 1.14 KM |
| Sandal And Agbrigg | 8358 | SNA | 2.94 KM |
| Outwood | 8309 | OUT | 3.74 KM |
| Normanton | 8528 | NOR | 8.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Apartment 304 Grosvenor House, Union Street, Wakefield, West Yorkshire WF1 3FJ | £ 40,000 | BUY | Unknown | 0.00 KM |
| 304 Grosvenor House, Union Street, Wakefield, West Yorkshire WF1 3FJ | £ 50,000 | BUY | 8 / 10 | 0.00 KM |
| 401 Grosvenor House, Union Street, Wakefield, West Yorkshire WF1 3FJ | £ 50,000 | BUY | 8 / 10 | 0.00 KM |
| Union Street, Wakefield | £ 97,000 | BUY | 6 / 10 | 0.00 KM |
| Apartment 401 Grosvenor House, Union Street, Wakefield, West Yorkshire WF1 3FJ | £ 40,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 22 Westmorland Street | £ 525,000 | 0.14 KM |
| 12 Industrial Street | £ 120,000 | 0.23 KM |
| 5 Industrial Street | £ 40,000 | 0.23 KM |
| 1 Industrial Street | £ 150,000 | 0.23 KM |
| 27 Kirkgate | £ 250,000 | 0.26 KM |