Property photos
Auction
Freehold
Guide price
£210,000
Property for sale
Silver Street, Wakefield, West Yorkshire WF1Local area information
Property location
Nearby amenities
- Wakefield Westgate 0.2 miles
- Wakefield Girls' High School 0.3 miles
- Queen Elizabeth Grammar School 0.4 miles
- Wakefield Kirkgate 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- For sale by auction on the 10th July 2024
- Guide price £210,000 +
- Mixed-use residential & commercial property
- Commercial to the ground floor
- 3 x one bedroom apartments to upper floors
- Central Wakefield location
Mixed use commercial and residential property offered of sale via auction. The property comprises a commercial unit occupying the cellar and ground floor levels, with 3 x one-bedroom apartments located on the first, second and third floors.
All of the above are fully occupied generating a gross rental income of £25,500 per annum reflecting over a 12% gross yield based on the guide price. This would be a great addition to an investment portfolio.
The property is situated on a mixed-use road close to local shops and amenities. Transport links are provided by Wakefield Westgate rail station.
Please note that Auction House has been unable to inspect the cellar.
A 21 day completion applies to this lot.
Accommodation
Lower Ground Floor
Cellar
Ground Floor
Shop floor, utility area, toilet and external bin store
First Floor
One bedroom apartment comprising lounge/kitchen, bedroom and shower room.
Second Floor
One bedroom apartment comprising lounge/kitchen, bedroom and shower room.
Third Floor
One bedroom apartment comprising lounge/kitchen, bedroom and shower room.
Additional Information
Council Tax
Wakefield City Council
Tenure
Freehold
Charges And Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
All of the above are fully occupied generating a gross rental income of £25,500 per annum reflecting over a 12% gross yield based on the guide price. This would be a great addition to an investment portfolio.
The property is situated on a mixed-use road close to local shops and amenities. Transport links are provided by Wakefield Westgate rail station.
Please note that Auction House has been unable to inspect the cellar.
A 21 day completion applies to this lot.
Accommodation
Lower Ground Floor
Cellar
Ground Floor
Shop floor, utility area, toilet and external bin store
First Floor
One bedroom apartment comprising lounge/kitchen, bedroom and shower room.
Second Floor
One bedroom apartment comprising lounge/kitchen, bedroom and shower room.
Third Floor
One bedroom apartment comprising lounge/kitchen, bedroom and shower room.
Additional Information
Council Tax
Wakefield City Council
Tenure
Freehold
Charges And Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Auction House West Yorkshire
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Property descriptions and related information displayed on this page are marketing materials provided by - Auction House West Yorkshire. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House West Yorkshire for full details and further information.