£300,000
Oak Avenue
- 0 beds
£300,000
- 0 beds
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Exclusive Investment Opportunity – 4 x 1-Bedroom Apartments for Sale
16, 18, 20 & 22 Oak Avenue, Stanley, Wakefield, WF3 4PG
Asking Price: £300,000
Total Monthly Rental Income: £2,520 PCM
Projected Gross Yield: 10.08%
Offered by Pure Investor
Pure Investor is proud to present a unique and rare opportunity to acquire a ready-made residential investment comprising four self-contained 1-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*
Property Overview
- 4 x One-Bedroom Apartments
- All Units Currently Tenanted
- Total Rental Income: £2,520 PCM / £30,240 PA
- 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
Investment Highlights
Strong 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.
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