2-bedroom flat · WF6 1PU
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***fantastic 40% shared ownership opportunity*** ***exclusive 0VER 55's development*** ***fixed price of £50,000*** ***close to all amenities*** ***fabulous on-site facilities*** ***not to be missed*** Purplebricks are delighted to be able to offer for sale a spacious and well presented apartment with one owner from new that can be found on the first floor (with lift) of a modern purpose built block of apartments.
Whinn Dale is a luxury over 55's development located just off Dalefield Road in Normanton, and is therefore ideally placed for local shopping and transport amenities.
Nearby motorway links are also close by, ideal for the commuter who is looking to travel further afield.
Consisting of 60 apartments providing independent living with extra care run by South Yorkshire Housing Association, the facilities include an on-site manager and care staff 24/7, a restaurant serving lunches, laundry room, hairdressers, communal lounge, lifts to all floors, organised social events, safe and secure communal areas and attractive communal grounds with various seating areas.
The main accommodation comprises of a spacious entrance hall with a walk in cupboard that also houses the fuse box, a delightful lounge with a Juliette balcony overlooking the communal gardens.
Kitchen, two good sized bedrooms, the master bedroom having quality fitted wardrobes with internal drawers and a large walk in wet room.
As well as superb communal gardens, there is also ample parking.
The property is available to buy immediately on a 40% shared ownership basis at a fixed price of £50,000 with the rent of the remaining 60% payable at £283.99 per month.
A support charge, personal service charge and hb eligible service charge amounting to £548.42 per month. Viewings can be booked 24/7.
Property Ownership Information Tenure Shared ownership Council Tax Band A Percentage Share Owned 40% Additional Monthly Rent £283.99 Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £4,935.33 Service Charge Review Period Every 1 year Lease End Date 29/03/2134 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Cecily Close, Normanton
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