2 Bed Flat, Single Let, Wakefield, WF1 5NT, £137,323

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

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²

ValuationOvervalued

Sold Prices£37K - £167K
Sold Prices/m²£698/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£108,831

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,331

Stamp Duty & Legal Fees

£5,320

Total Cash In

£39,650

 

 

Cash Out

 

Rent Range

£575 - £995

Rent Estimate

£709

Running Costs/mo

£591

Cashflow/mo

£118

Cashflow/yr

£1,417

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £37K to £167K, average is £86.5K. £698/m² to £2.4K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£75K02/230.12 miApartment 1, Hepworth, Woodlands Village, Wakefield, West Yorkshire WF1 5JQ2
£79K11/220.15 miApartment 5, Bronte, Woodlands Village, Wakefield, West Yorkshire WF1 5LH2
£70K04/220.33 mi214, Barnsley Road, Wakefield, West Yorkshire WF2 6EF2
£90K08/220.61 mi64, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£72.5K11/210.62 mi37, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£68.5K03/210.62 mi40, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K12/230.62 mi37, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£67K12/200.62 mi15, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£70K06/210.62 mi18, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£75K10/200.62 mi44, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£73.5K06/210.62 mi1, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£90K06/230.62 mi20, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£75K03/230.62 mi9, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K10/230.62 mi47, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K04/230.62 mi24, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£167K07/220.72 mi18, Helmsley Road, Wakefield, West Yorkshire WF2 6QU2
£73.5K12/201.04 mi137, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£77K11/211.04 mi173, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£90K08/231.04 mi54, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£67K10/201.04 mi177, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£72K12/201.04 mi167, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£85K02/231.04 mi159, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£82.5K08/211.07 mi1, Spruce Court, Wakefield, West Yorkshire WF2 8WE2
£89K09/231.07 mi19, Spruce Court, Wakefield, West Yorkshire WF2 8WE2
£83K02/211.07 mi27, Spruce Court, Wakefield, West Yorkshire WF2 8WE2
£67K04/241.07 mi43, Brackendale Road, Wakefield, West Yorkshire WF2 8WA2
£68K04/241.07 mi41, Brackendale Road, Wakefield, West Yorkshire WF2 8WA2
£37K11/231.13 mi20a, Sun Lane, Wakefield, West Yorkshire WF1 1JD2
£115K10/201.21 mi15, Mayfair Court, Wakefield, West Yorkshire WF2 8WL2
£95K09/231.21 mi20, Mayfair Court, Wakefield, West Yorkshire WF2 8WL2
£71K09/231.23 mi41, Delamere Gardens, Wakefield, West Yorkshire WF1 4LJ2
£100K02/231.25 mi10, Barrass Yard, Wakefield, West Yorkshire WF2 8WJ2
£107K07/231.25 mi9, Barrass Yard, Wakefield, West Yorkshire WF2 8WJ2
£120K09/211.45 mi44, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£162.5K02/231.45 mi57, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£136K03/231.45 mi37, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£125K08/231.45 mi26, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£142.5K02/231.45 mi24, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£147K11/221.45 mi5, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£105K07/231.46 mi18, Mill Chase Gardens, Wakefield, West Yorkshire WF2 9SP2
£112K12/231.52 mi22, The Rowick, Wakefield, West Yorkshire WF2 9SY2
£110K03/221.53 mi44, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£140K04/241.53 mi21, Fairway View, Wakefield, West Yorkshire WF2 8UR2
£120K07/211.53 mi21, Fairway View, Wakefield, West Yorkshire WF2 8UR2
£88K07/211.53 mi36, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£100K05/231.53 mi7, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£90K11/211.53 mi34, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£101K12/221.56 mi20, The Point, Wakefield, West Yorkshire WF2 9AP2
£108.8K03/211.57 mi32, The Point, Wakefield, West Yorkshire WF2 9AP2
£80K06/211.58 mi1, Cliff Villa Court, Wakefield, West Yorkshire WF1 2DN2

Local Rents

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

RentDateDistanceAddressBeds 
£75010/240.1 miWarren Avenue, Wakefield, West Yorkshire, WF22
£72510/240.13 miHockney, Manygates Lane, Wakefield2
£57510/240.14 miMoore, Woodlands Village, Wakefield, WF12
£72510/240.21 miAcme Terrace, Wakefield, West Yorkshire, WF12
£70010/240.27 miBriar Grove, Agbrigg, Wakefield2
£80002/250.35 mi-2
£75003/250.35 mi-2
£89510/240.38 mi-2
£79502/250.38 mi-2
£75003/250.38 mi-2
£99510/240.45 miManygates Lane, Wakefield, West Yorkshire, WF22
£85010/240.54 miNavigation Walk, WAKEFIELD2
£82510/240.54 miHebble Wharf, Navigation Walk, Wakefield, UK, WF12
£77510/240.59 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

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £137,323

January 23, 2025

Floor Plans

Description

  • Second 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 SECOND 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/Kitchen/Dining -

Bedroom One -

Bedroom Two -

Bathroom -

Outside - Designated parking space.

Leasehold - The service charge is £1407 (pa). The remaining term of the lease is 999 years (2025).

Agent Details

Richard Kendall, Wakefield

01924 793803

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪