2 Bed Terraced House, Single Let, Wakefield, WF2 9PA, £90,000

Soho Grove, Wakefield, WF2 9PA - 2 views - 2 months ago

Sold STC
Auction
BTL
ROI: 11%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£49K - £160K
Sold Prices/m²£842/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£108,900
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£625 - £2,050

Rent Estimate

£688

Running Costs/mo

£439

Cashflow/mo

£249

Cashflow/yr

£2,990

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £49K to £160K, average is £115K. £842/m² to £2.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£97.5K06/210.03 mi39, Henry Street, Wakefield, West Yorkshire WF2 9NX2
£89.5K04/210.03 mi17, Henry Street, Wakefield, West Yorkshire WF2 9NX2
£91K09/200.03 mi21, Henry Street, Wakefield, West Yorkshire WF2 9NX2
£93K01/240.03 mi15, Henry Street, Wakefield, West Yorkshire WF2 9NX2
£49K01/240.03 mi25, Henry Street, Wakefield, West Yorkshire WF2 9NX2
£77.5K01/210.07 mi86, Alverthorpe Road, Wakefield, West Yorkshire WF2 9PD2
£85K05/230.07 mi88, Alverthorpe Road, Wakefield, West Yorkshire WF2 9PD2
£115K10/210.07 mi51, Henry Street, Wakefield, West Yorkshire WF2 9NY2
£115K06/230.07 mi55, Henry Street, Wakefield, West Yorkshire WF2 9NY2
£130K05/230.07 mi57, Henry Street, Wakefield, West Yorkshire WF2 9NY2
£125K10/210.09 mi30, Phoenix Court, Wakefield, West Yorkshire WF2 9NZ2
£152K08/230.09 mi14, Phoenix Court, Wakefield, West Yorkshire WF2 9NZ2
£137.5K04/210.09 mi10, Phoenix Court, Wakefield, West Yorkshire WF2 9NZ2
£157.5K02/230.09 mi20, Mill Chase Close, Wakefield, West Yorkshire WF2 9SN2
£138K04/210.13 mi44, Victoria Avenue, Wakefield, West Yorkshire WF2 9QN2
£158K05/230.14 mi17, Mill Chase Gardens, Wakefield, West Yorkshire WF2 9SP2
£123K06/210.2 mi43, Blakeley Grove, Wakefield, West Yorkshire WF2 9PN2
£120K12/220.2 mi170, Alverthorpe Road, Wakefield, West Yorkshire WF2 9PY2
£91.5K04/210.21 mi9, Elder Grove, Wakefield, West Yorkshire WF2 9AS2
£140K12/220.22 mi24, Plumpton Street, Wakefield, West Yorkshire WF2 9RA2
£130K05/210.22 mi49, Dewsbury Road, Wakefield, West Yorkshire WF2 9BL2
£160K08/230.22 mi49, Dewsbury Road, Wakefield, West Yorkshire WF2 9BL2
£80K04/230.23 mi26, Benjamin Street, Wakefield, West Yorkshire WF2 9AN2
£125K12/230.24 mi10, Anderson Street, Wakefield, West Yorkshire WF2 9QT2
£114K12/220.26 mi24, Whitehall Street, Wakefield, West Yorkshire WF2 9BG2
£112K01/240.26 mi8, Marlborough Street, Wakefield, West Yorkshire WF2 9QS2
£115K10/230.26 mi22, Whitehall Street, Wakefield, West Yorkshire WF2 9BG2
£90K04/230.26 mi21, Whitehall Street, Wakefield, West Yorkshire WF2 9BG2
£74K11/200.26 mi11, Whitehall Street, Wakefield, West Yorkshire WF2 9BG2
£125K01/240.27 mi4, Longfield Terrace, Wakefield, West Yorkshire WF2 9PR2
£110K09/210.28 mi37, Clement Street, Wakefield, West Yorkshire WF2 9BA2
£115K06/230.28 mi13, Clement Street, Wakefield, West Yorkshire WF2 9BA2
£155K02/230.29 mi65, Rufford Street, Wakefield, West Yorkshire WF2 9PH2
£147K02/230.29 mi41, Rufford Street, Wakefield, West Yorkshire WF2 9PH2
£81.5K04/210.3 mi84, Lincoln Street, Wakefield, West Yorkshire WF2 0DZ2
£74.7K11/230.32 mi12, West Street, Wakefield, West Yorkshire WF2 8UA2
£105K07/230.32 mi137, Lincoln Street, Wakefield, West Yorkshire WF2 0ED2
£93K09/200.32 mi143, Lincoln Street, Wakefield, West Yorkshire WF2 0ED2
£145K09/230.33 mi59, Lincoln Street, Wakefield, West Yorkshire WF2 0EB2
£122K12/220.33 mi23, Cambridge Street, Wakefield, West Yorkshire WF2 8TZ2
£80K06/210.33 mi15, Manor Road, Wakefield, West Yorkshire WF2 8DD2
£113K01/240.34 mi2, Brighton Street, Wakefield, West Yorkshire WF2 8TD2
£74.8K02/210.34 mi18, Brighton Street, Wakefield, West Yorkshire WF2 8TD2
£100K10/210.39 mi4, Claremont Terrace, Wakefield, West Yorkshire WF2 8SN2
£125K03/240.43 mi21, Sycamore Avenue, Wakefield, West Yorkshire WF2 0HF2
£160K06/230.46 mi53, Fernleigh Court, Wakefield, West Yorkshire WF2 8SJ2
£116K05/210.46 mi23, Sycamore Copse, Wakefield, West Yorkshire WF2 8DQ2
£160K12/230.46 mi45, Sycamore Copse, Wakefield, West Yorkshire WF2 8DQ2
£125K06/210.46 mi61, Sycamore Copse, Wakefield, West Yorkshire WF2 8DQ2
£130K05/230.47 mi119, Sycamore Copse, Wakefield, West Yorkshire WF2 8DG2

Local Rents

30 rents from £625/mo to £2K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£69510/240.01 miAlverthorpe Road, Wakefield, West Yorkshire, UK, WF22
£85001/250.09 mi-2
£95010/240.2 miBrendon Close, Wakefield, WF2 9NB2
£72511/240.25 mi-2
£82503/250.32 mi-2
£75010/240.32 mi-2
£1,35003/250.33 mi-2
£75010/240.4 miCliff Villa Court, Wakefield, WF1 2DN2
£95010/240.43 miFinchdale Close, Wakefield, WF1 2GB2
£92510/240.46 miCarnforth Avenue, Wakefield2
£99510/240.46 miCarnforth Avenue, Wakefield, WF1 2GD2
£1,20003/250.46 mi-2
£95010/240.46 mi-2
£2,05003/250.46 mi-2
£1,05003/250.46 mi-2
£92511/230.47 mi-2
£82510/240.48 miMulberry House , Burgage Square, Wakefield, West Yorkshire, WF12
£84502/240.48 mi-2
£72510/240.48 miWestgate Central, 117 Westgate2
£82510/240.51 miMulberry House, Burgage Square, Wakefield, West Yorkshire WF12
£69510/240.53 miSilcoates Street, Wakefield, West Yorkshire, UK, WF22
£75010/240.53 mi-2
£75010/240.56 mi-2
£75010/240.57 mi-2
£1,05012/240.58 mi-2
£70001/250.58 mi-2
£70001/250.58 mi-2
£67502/250.58 mi-2
£75010/240.59 mi-2
£62510/240.61 miBarstow Square, Wakefield, West Yorkshire, WF12

Local Area Statistics

Population in WF2

50,884

Population in Wakefield

126,493

Town centre distance

0.58 miles away

Nearest school

0.30 miles away

Nearest train station

0.42 miles away

 

 

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £90,000

January 21, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +

  • Subject to an undisclosed Reserve Price +

  • Buyers fees apply +

  • Two double bedroom end terrace +

  • No Chain +

  • Garden +

  • Location +

SUMMARY
A two double bedroom end terrace property situated in the highly convenient location of wakefield not to be missed.

DESCRIPTION
A two double bedroom end terrace property situated in the highly convenient location of wakefield not to be missed. This home is well presented throughout and ready to move straight into. Deceptively spacious from the front briefly comprising of a welcoming size entrance hallway, living room, kitchen diner with both having underfloor heating and conservatory. To the first floor you will find the master bedroom, second double bedroom and family bathroom, externally front and enclosed rear garden which is patio, lawned with a shed. Located with great access to wakefield city centre, transport links and local amenities. Offered to market with no onward chain, viewings highly recommended to fully appreciate what this home has to offer, would be ideal for first time buyers.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance 

Living Room 12' max x 11' 4" max ( 3.66m max x 3.45m max )

Kitchen 17' 2" max x 9' 7" max ( 5.23m max x 2.92m max )

First Floor Landing 

Bedroom 1  17' 1" max x 9' 5" max ( 5.21m max x 2.87m max )

Bedroom 2  10' 8" max x 12' 5" max ( 3.25m max x 3.78m max )

Bathroom 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour 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 the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Wakefield

01924 908264

Next Steps?

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