Residential Investment for Auction Knottingley WF11

Auction Date 29 January 2025
Guide Price £75,000
Property Summary

Guide Price £75,000+. This three bedroom end terraced house will appeal to a range of investors. The property is currently let, to a longstanding tenant of 5 years, and is generating an income of £5,700 per annum. Local rents levels have increased significantly in the past 12 months with three bedroom houses achieving closer to £750-£900 per calendar month. Should the property become vacant, there may be an opportunity to increase rents, add value, or sell on to a homeowner for a profit. It benefits from central heating and double glazing. The property has just be re-roofed and scaffolding may still be on site.

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