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13 bed Flat For Sale £1,490,000
Ferrybridge Road, Castleford, West Yorkshire, WF10


Description
Property Ref: 12115

Discover a truly exceptional investment gem at the sought-after address of Ferrybridge Road. This prestigious property offers an impressive ensemble of 13 apartments, comprising 8 meticulously designed one-bedroom units and 5 generously proportioned two-bedroom residences. Seamlessly marrying contemporary living spaces with the promise of substantial rental income, this property is an irresistible proposition for astute investors. The location on Ferrybridge Road ensures effortless access to local amenities and attractions, while presenting an exciting opportunity for further enhancement.

Investment Potential:
This unique investment proposition promises a diverse rental portfolio, poised to generate substantial rental income.
Rental income varies based on apartment size and layout, ensuring a steady and attractive return on investment.
The strategic location on Ferrybridge Road, coupled with the growing development and rental demand in the area, positions this property as a highly lucrative venture for investors seeking a rewarding opportunity.
Unlock the potential of acquiring a property with exceptional investment promise. Whether you are seeking a dependable income stream or aiming to expand your investment portfolio, these apartments stand ready to exceed your expectations. Get in touch with us today to acquire more details and arrange a viewing.

Innovative Investment Angle:
Embracing the forward-thinking spirit of this property, seize the opportunity to install electric vehicle charging stations within the ample parking space, yielding an additional source of income.
Exploiting the lack of parking in the area, this visionary investment angle offers the potential to capitalize on the demand for electric vehicle infrastructure.
Delve into the possibility of transforming the property into a series of leasehold flats, capitalizing on the valuation of £95,000 per one-bedroom flat and £125,000 per two-bedroom flat.
By selling all units for a total of £1,385,000, the investor retains ownership of the freehold and land, strategically positioned for revenue generation through parking facilities and electric vehicle charging.

Current Income and Future Potential:
The property currently generates an approximate monthly income of £9,000, with ample room for substantial growth by transitioning into a serviced accommodation model (utilizing platforms like Booking or Airbnb).
The option to sell with existing tenants or without offers you the flexibility to tailor the investment strategy according to your vision.
Embrace this remarkable opportunity to invest in a property of unparalleled potential. Contact us today to delve into more details and embark on a journey towards a rewarding investment...

For viewing arrangement, please get in touch with 99home.



If calling, please quote reference: 12115


GDPR: Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.
*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.
*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

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