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    Prices: £73,000

    Yield: 8%

    Completion Date: Q2 2022

    Lease Length: 250 Years

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      About

      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.

      These light and airy apartments are designed with a neutral colour palette, ideal for residents wanting to add their own splash of personality to the space. The large windows allow for ample natural light in all rooms in Grosvenor, making home living and working more comfortable and enjoyable.

      Grosvenor House also benefits from a communal rooftop terrace. The beautiful, modern space provides beautiful views over the skyline. Whether you are entertaining guests or meeting your neighbours in a comfortable setting, the communal area is the ideal social space. Or, if you’re seeking a moment of tranquillity, what better place than to be than high above the hustle and bustle of the city?

      Important Details:

      • 44-unit development in the heart of the city
      • Below market value pricing
      • Net yields of 7%
      • Short build time of around 9 months
      • Incredibly high tenant demand
      • Large communal roof terrace garden
      • Completion summer 2022

      Location

      Wakefield is 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 away from its industrial past ever since. It is now famed for its picturesque countryside, artistic heritage and beautiful cathedral. It 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. The city benefits from excellent transport connections to other key towns and cities, with its strategic location. Situated to the south of Leeds, residents can drive to Leeds in just 20 minutes, or catch a short 15- minute train ride. The high frequency of trains between the two cities makes Wakefield perfect for commuting. In addition, residents can reach Sheffield in approximately 30 minutes by train with Barnsley and Doncaster only 15 minutes away. The commuter city is only an hour’s drive away from Manchester.

      If you frequently visit London for business or pleasure, the high-speed rail will take you to Kings Cross train station in only two hours. Commuters can also purchase return tickets from as little as £35. The number of people working from home has only increased since the start of the pandemic. There has been a noticeable shift of people moving out of the capital to more affordable areas of the country. Albeit 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.

      Wakefield

       WF1 3AE
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