Hemsworth, WF9 4NZ

An exciting opportunity to acquire this portfolio of 4 x 2 bedroom apartments which form part of a larger development. As present, two of the apartments are let and generating £5,700 per annum with the other two offered with vacant possession. Assuming the vacant units are let at a similar level, this would equate to an impressive gross return of 24% when based on the quoted guide price. Hemsworth makes for an ideal location for a range of buyers as it is aptly placed for local amenities such as shops and schools. Main bus routes run to and from Pontefract and Wakefield, as well as the M62 motorway for those who look to commute further afield. Hemsworth Water Park is also only a short walk away. Each Flat Leasehold Information: Lease Length - 125 years from 01/01/2009 Ground Rent - £260 per annum Service Charge - £2,006 per annum. The sellers have advised that all ground rent and service charge arrears will be settled prior to completion. Interested parties should be aware that the apartments are also available to buy individually in the same auction if the aforementioned portfolio fails to sell.