Prices: £108,950
Yield: 7.1%
Completion Date: Q1 2025
Lease Length: 250
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Invest with as little as £27,000!
CityRise is thrilled to introduce Chadwick Court, an exciting off-plan investment opportunity in Wakefield, located a short 5-minute drive from the city centre. This 3-storey development comprises 18 apartments and there are a selection of 1 & 2 beds available.
Chadwick Court is located in Woodland Village, a private, tucked-away area just off of a main road to Wakefield. There is a large green space at the centre of the village, with other resident apartments also in the village, creating a small friendly community.
Register your interest, and select your preferred apartment now!
Important Details:
- High yields of up to 7.1%
- Rents of £700-860 PCM
- Essential amenities within 5-min drive
- 5-minute drive to Wakefield city centre
- On site parking
- Starting from £108,950
Excellent Demand for
BTL Properties
Wakefield is an emerging cultural city that was once an 18th-century market town located in West Yorkshire, with impressive capital growth potential. Even though this city is small it has a lot to offer, with several large amenities and travel routes, it has everything a resident could need within the city. This city has everything to offer as the larger well-known cities but benefits those with a smaller budget.
Wakefield is filled with some of the best attractions Yorkshire has to offer and is surrounded by the city’s beautiful countryside. Offering a range of desirable neighbourhoods, from historical districts to modern communities. Everything a resident could need from a rugby ground to local shops is easily accessed within a 5-minute drive from Chadwick Court – driving rental demand from tenants.
A Well-Connected Area
Travel with Ease
Wakefield is situated at the heart of the motorway network, the M1, A1 and M62 all intersect near the area, making it one of the UK’s most accessible places. The city has invested a large sum of money into transport, something which has had a huge positive effect. Now, skilled professionals are looking at commuter cities like Wakefield which offer a lower cost of living when compared to Leeds, Manchester, or London.
As a whole, Wakefield is helping close the gap for those who are being priced out of bigger cities like Leeds. With an £8.08 billion economy, international businesses are attracted to Wakefield. Choosing to locate and grow in the area due to its location at the heart of the UK.
Revamping the Area
High
Capital Growth
Experience the growth potential of Wakefield! From the bustling Trinity Walk shopping centre to the revamped Kirkgate Rail Station, Wakefield is slowly becoming an investment hotspot. With plans underway for Westgate Train Station’s makeover, including a boutique hotel, green spaces, and office areas, it’s shaping a dynamic future. Wakefield Council is dedicated to enhancing city life, from pedestrian-friendly streets to improved transport options. Experience big-city vibes in Wakefield’s welcoming community.
Property prices have surged by 35.12% in the last decade, outpacing many areas in Yorkshire. Wakefield’s average property price stands at £227,431. As regeneration plans unfold, these property prices are forecast to climb even higher. Invest wisely in Wakefield’s thriving property market driven by strong rental demand and excellent transport links.
Calculate Mortgage Repayments
Securing a mortgage is a huge financial commitment. Whether you are saving for your first investment or financial planning for your next, it is crucial that you calculate correctly. Use our mortgage calculator to help to determine what your monthly repayments will be. This way you can ensure that the rent earnt covers the repayments on your buy to let property.
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Calculate Stamp Duty
Use this calculator to determine the Stamp Duty Land Tax (SDLT) on your property investment. Stamp Duty is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price. However, it can change based upon the value of the property, the purchase date, and whether you are a first-time buyer or not. Also, a 2% surcharge is added to each of these rates for buyers who are non-UK residents.
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Rental Yield Calculator
Discover whether a property is worth investing in. Use our Rental Yield Calculator to work out the rental yields on your investment.
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