2 Bed Flat, Single Let, Wakefield, WF1 5NT, £129,000

Manygates Lane, Wakefield, WF1 5NT - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²

ValuationOvervalued

Sold Prices£67K - £167K
Sold Prices/m²£1.1K/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£90,037

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,250

Stamp Duty & Legal Fees

£5,070

Total Cash In

£37,320

 

 

Cash Out

 

Rent Range

£575 - £995

Rent Estimate

£709

Running Costs/mo

£565

Cashflow/mo

£144

Cashflow/yr

£1,729

ROI

5%

Gross Yield

7%

Local Sold Prices

22 sold prices from £67K to £167K, average is £75K. £1.1K/m² to £2.3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£75K02/230.1 miApartment 1, Hepworth, Woodlands Village, Wakefield, West Yorkshire WF1 5JQ2
£79K11/220.12 miApartment 5, Bronte, Woodlands Village, Wakefield, West Yorkshire WF1 5LH2
£70K04/220.37 mi214, Barnsley Road, Wakefield, West Yorkshire WF2 6EF2
£90K08/220.65 mi64, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£72.5K11/210.66 mi37, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£68.5K03/210.66 mi40, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K12/230.66 mi37, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£67K12/200.66 mi15, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£70K06/210.66 mi18, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£75K10/200.66 mi44, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£73.5K06/210.66 mi1, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£90K06/230.66 mi20, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£75K03/230.66 mi9, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K10/230.66 mi47, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K04/230.66 mi24, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£167K07/220.76 mi18, Helmsley Road, Wakefield, West Yorkshire WF2 6QU2
£73.5K12/200.98 mi137, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£77K11/210.98 mi173, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£90K08/230.98 mi54, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£67K10/200.98 mi177, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£72K12/200.98 mi167, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£85K02/230.98 mi159, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2

Local Rents

14 rents from £575/mo to £995/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£57510/240.1 miMoore, Woodlands Village, Wakefield, WF12
£72510/240.12 miHockney, Manygates Lane, Wakefield2
£75010/240.14 miWarren Avenue, Wakefield, West Yorkshire, WF22
£72510/240.17 miAcme Terrace, Wakefield, West Yorkshire, WF12
£70010/240.24 miBriar Grove, Agbrigg, Wakefield2
£75002/250.33 mi-2
£80002/250.36 mi-2
£75003/250.36 mi-2
£89510/240.36 mi-2
£79502/250.36 mi-2
£85010/240.49 miNavigation Walk, WAKEFIELD2
£82510/240.5 miHebble Wharf, Navigation Walk, Wakefield, UK, WF12
£99510/240.5 miManygates Lane, Wakefield, West Yorkshire, WF22
£77510/240.53 miWaterside Way, Wakefield, West Yorkshire, WF12

Local Area Statistics

Population in WF1

34,122

Population in Wakefield

126,493

Town centre distance

1.15 miles away

Nearest school

0.30 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £129,000

January 21, 2025

Floor Plans

Description

  • Ground Floor Apartment +
  • Two Bedrooms +
  • Parking +
  • No Ground Rent +
  • 5 Minute Drive To City Centre +
  • Beautifully Designed +
  • Reserve With A Refundable £250 Reservation Fee +
  • Awaiting EPC Rating +

TWO BEDROOM GROUND FLOOR APARTMENT. This thoughtfully designed community of Woodlands Village offers modern living with convenience and accessibility in mind.
Awaiting EPC rating

Discover Chadwick Court, a stunning new development located just a 5-minute drive from Wakefield City Centre. This thoughtfully designed community of Woodlands Village offers modern living with convenience and accessibility in mind. With a lift servicing all floors and each apartment including a designated parking space, Chadwick Court is perfect for a wide range of residents.

The development consists of 18 stylish apartments spread across three storeys, offering a variety of layouts to suit your lifestyle. Completion is expected in Q1 2025, meaning your dream home could be just around the corner.

Choose from beautifully designed 1-bedroom apartments starting at £108,950 or spacious 2-bedroom options from £126,450. With a prime location and excellent features, Chadwick Court is the ideal place to begin your homeownership journey or settle into a vibrant community close to the heart of Wakefield.

Accommodation -

Living/Dining/Kitchen -

Bedroom One -

Bedroom Two -

Bathroom -

Outside - Designated parking space.

Leasehold - The service charge is £1194 (pa). The remaining term of the lease is 999 years (2025).

Agent Details

Richard Kendall, Wakefield

01924 793803

Next Steps?

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