Cannon Road

Investment Opportunity – 12 Cannon Street, Castleford, WF10 4LZ

Asking Price: £135,000
Current Rent: £795 PCM (£9,540 per annum)
Gross Yield: 7.07%
Tenure: Terraced House
Bedrooms: 2
Council Tax Band: A
EPC Rating: D (60)

Turnkey Buy-to-Let Investment – Fully Refurbished & Income Producing

An excellent opportunity for investors to acquire a fully refurbished, income-generating two-bedroom terraced property in Castleford. The property underwent a comprehensive renovation in 2024, prior to the current tenants moving in, and is now producing an immediate and reliable rental income of £795 per calendar month.

This is a true turnkey investment-ideal for landlords seeking strong yields, minimal maintenance, and long-term tenant demand.

Strong Rental Performance & Returns

• Monthly Rent: £795
• Annual Rent: £9,540
• Asking Price: £135,000
• Gross Yield: 7.07%

With rental demand remaining strong in Castleford-particularly for modernised two-bedroom homes-this property offers solid returns and attractive fundamentals for both new and experienced investors.

2024 Full Refurbishment – High Tenant Appeal

The property was refurbished throughout in 2024, ensuring modern finishes and reduced capital expenditure for the next owner. Improvements include:

• Brand new high-spec kitchen
• Sleek, fully tiled bathroom suite
• New flooring throughout
• Freshly decorated across the entire property
• Modern fixtures and fittings
• Gas central heating
• Double glazing

The refurbishment has already proven successful, securing tenants quickly and at a strong rental level.

External Space & Parking

• On-street parking to the front
• Rear yard, suitable for off-road parking or low-maintenance outdoor space valuable feature for tenants

Location – Consistent Tenant Demand

Situated in Castleford, the property benefits from:

• Easy access to local amenities and shops
• Good transport links to Leeds, Wakefield and surrounding areas
• Strong local rental demand for refurbished terraced housing

Properties of this standard and price point are consistently popular with tenants, supporting rental stability and long-term occupancy.

Investor Highlights

• Fully refurbished in 2024
• Income producing from day one
• 7.07% gross yield
• Council Tax Band AEPC Rating D
• Low maintenance investment
• High tenant appeal
• Off-road parking potential

Summary

12 Cannon Street represents a high-quality buy-to-let investment offering immediate income, modern accommodation, and strong rental yields. With refurbishment already completed and tenants in situ, this property is perfectly suited to investors seeking hands-off ownership and reliable returns.

LET PURE INVESTOR TAKE THE STRAIN AWAY …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

• ✅ Fully managed lettings and property management service
• ✅ Comprehensive coverage throughout England and Wales
• ✅ One team, one fee across your full portfolio
• ✅ Rental income protection available
• ✅ Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

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