Oak Avenue

Wakefield, United Kingdom

£300,000

  • Four One Bedroom Flats For Sale
  • Can Be Sold In One Transaction Or Separately
  • Gross Income Of £30,240.00 Per Annum
  • Gross Yield Of 10.1%
  • Possibility Of Owning The Freehold
  • Modern Flats

Get in touch for more information



Pure Investor is proud to present a unique and rare opportunity to acquire a ready-made residential investment comprising four self-contained one bedroom apartments, ideally located in the sought-after village of Stanley, Wakefield.

This attractive property portfolio offers immediate rental income, long-term capital growth potential, and future development prospects – making it a perfect option for seasoned investors or those seeking to build a robust, income-generating property portfolio.

Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants’ right to a peaceful environment.  As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*

Investment Highlights

  • 4 x One-Bedroom Apartments
  • Current Asking Price Of £300,000
  • All Units Currently Tenanted
  • Total Rental Income: £2,520 PCM / £30,240 PA
  • Projected Gross Yield: 10.08%
  • Freehold Title If Bought All Apartments Together. Each apartment Is Leasehold.
  • 4 Allocated Parking Spaces
  • Potential for Future Land Development

Property Breakdown & Rental Income

Flat Address Current Rent (PCM) Annual Income Valuation
Flat 20 New Build £675 £8,100 £85,000
Flat 22 New Build £650 £7,800 £85,000
Flat 16 Semi-Detached £645 £7,740 £65,000
Flat 18 Semi-Detached £550 £6,600 £65,000
Total £2,520 £30,240 £300,000

Yield Potential

  • Gross Yield: 10.08% based on asking price of £300,000
  • Yield Per Flat:
    • Flat 20: 9.53%
    • Flat 22: 9.18%
    • Flat 16: 11.91%
    • Flat 18: 10.15%
  • Fully Tenanted – Immediate Income Stream
  • A Diversified Portfolio in One Purchase
  • Established Rental History
  • Allocated Parking + Extra Land – Potential to develop STPP
  • Located in a High-Demand Rental Area with Easy Access to Wakefield and Leeds

Why Invest in Stanley, Wakefield?

Prime Commuter Location

Just minutes from Wakefield City Centre and within easy reach of Leeds via the M62 or local train links.

Rising Rental Demand

A strong rental market is driven by young professionals and downsizers seeking affordable, well-connected homes.

Capital Growth Potential

Wakefield has seen consistent property value increases in recent years, with scope for further appreciation.

Development Opportunity

The generous surrounding land offers future potential for extensions, garden flats, or outbuildings (subject to planning).

Summary

This is a turnkey, income-producing portfolio priced below individual open-market value and offering excellent yields. With strong existing rental income, low ongoing management requirements, and the added benefit of land for development, this is a compelling acquisition for any property investor.


Get in Touch

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

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