Property Description

This three bedroom end terraced house in Knottingley, WF11, 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. We have been advised by the seller that the property will have a new roof by the time completion takes place and scaffolding is now on site. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. At the time of writing, a two bedroom semi-detached house on Lamb Inn Road was showing as SSTC from an asking price of £125,000. This suggests the subject property is competitively priced and is not to be missed. Location: Knottingley is ideally positioned for the A1 or M62, providing access to Leeds and Hull. The property itself is approximately half a mile from the town centre, supermarkets and amenities.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Flood Risk

Rivers and Seas No Risk. Surface Water Very Low.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 16 mbps. Superfast 78 mbps.

Satellite and Cable TV Availability

BT, Sky and Virgin are available.

Tenure

Freehold

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