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    Prices: £73,000

    Yield: 8%

    Completion Date: Completed

    Lease Length: 250 Years

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      A CityRise Exclusive

      Grosvenor House is a high-specification development, located in the heart of Wakefield city centre. The development consists of one- and two-bedroom apartments, all with carefully designed modern interiors.

      All apartments offer light and airy spaces, neutral colour palettes, and large windows for ample natural light to make living both comfortable and enjoyable.

      Important Details:

      • 44-unit development in the heart of the city
      • Below market value pricing
      • Net yields of 7%
      • Incredibly high tenant demand
      • Large communal roof terrace garden

      Life at Grosvenor House

      Residents of Grosvenor House can make their apartments their own, thanks to the neutral colour palette and open space, and find a communal rooftop terrace with beautiful views over the skyline.

      Whether entertaining guests or meeting neighbours, the modern rooftop space is the ideal social space. Or, if seeking a moment of tranquillity, what better place to be than high above the hustle and bustle of the city?


      Wakefield is a small but historic cathedral city situated within its own wider district in West Yorkshire. The city sits quietly on the River Calder at the eastern edge of the Pennines.

      Once a large trading centre for corn, coal and textiles, Wakefield has been reinventing itself from its industrial past. It is now famed for its picturesque countryside, artistic heritage, beautiful cathedral, and is fast becoming a desirable residential location in Yorkshire. This is due to, amongst other things, its strategic location, an established but continually growing economy, and value for money compared to its larger neighbours.

      A Strategic Location

      Wakefield is an extremely attractive city to work, live, and invest in. The city benefits from excellent transport connections to other key towns and cities. Situated to the south of Leeds, residents can drive to the city in just 20 minutes or catch a short 15- minute train ride. The high frequency of trains between the two cities makes Wakefield a perfect commuter city. Residents can reach Sheffield in approximately 30 minutes by train, with Barnsley and Doncaster only 15 minutes away, and drive to Manchester in only an hour.

      For frequent visits to London for business or pleasure, the high-speed rail reaches Kings Cross train station in only two hours – for as little as £35 for a return ticket, to commuters’ delight. The number of people working from home has only increased since the start of the pandemic, which has caused a noticeable shift of people moving out of the capital to more affordable areas of the country. While some professionals may still need to visit the office once a week, it is still more affordable to live outside of London and commute into work.


       WF1 3AE
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      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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