13, Ledgard Wharf, MIRFIELD, West Yorkshire, WF14 8NZ

Description

A great opportunity to acquire this well-appointed open-plan apartment, offering modern living within a character building. An ideal turn-key investment, the property is sold with a reliable tenant in situ on an AST from 24th August 2024, generating £700 per calendar month offering an immediate rental income. With accommodation consisting of: Contemporary open-plan living with access to the balcony, mezzanine bedroom area, accessed via the dining area and modern bathroom. This low-maintenance apartment offers an ideal ready-made investment for buy to let landlords set within an area with strong rental demand. Situated close to Dewsbury town centre, transport links and amenities. This apartment complex offers a unique blend of industrial character and modern design and an apartment that offers an excellent rental return and long-term investment potential. The photos used are from prior to the tenant moving in and are supplied for guidance purposes only and not to be fully relied upon as to how it does look now. Accommodation: Communal Entrance. Ground Floor: Entrance, Open Plan Living Kitchen, Balcony, Modern Bathroom, Dining Area with access to the Mezzanine Bedroom. External: Residents Parking Area.

Location

Property located at 13, Ledgard Wharf, MIRFIELD, West Yorkshire, WF14 8NZ.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

• Confirm lease length, ground rent, service charge and major works

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆