2 Bed Flat, Single Let, Wakefield, WF1 5LH, £100,000

Woodlands Village, Wakefield, West Yorkshire, WF1 5LH - 2 views - a month ago

Leasehold
BTL
ROI: 10%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£37K - £167K
Sold Prices/m²£698/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£89,620

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£575 - £995

Rent Estimate

£713

Running Costs/mo

£475

Cashflow/mo

£238

Cashflow/yr

£2,855

ROI

10%

Gross Yield

9%

Local Sold Prices

23 sold prices from £37K to £167K, average is £75K. £698/m² to £2.3K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£79K11/220 miApartment 5, Bronte, Woodlands Village, Wakefield, West Yorkshire WF1 5LH2
£75K02/230.03 miApartment 1, Hepworth, Woodlands Village, Wakefield, West Yorkshire WF1 5JQ2
£70K04/220.47 mi214, Barnsley Road, Wakefield, West Yorkshire WF2 6EF2
£90K08/220.75 mi64, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£72.5K11/210.77 mi37, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£68.5K03/210.77 mi40, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K12/230.77 mi37, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£67K12/200.77 mi15, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£70K06/210.77 mi18, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£75K10/200.77 mi44, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£73.5K06/210.77 mi1, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£90K06/230.77 mi20, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£75K03/230.77 mi9, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K10/230.77 mi47, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£85K04/230.77 mi24, Sandal Hall Mews, Wakefield, West Yorkshire WF2 6ED2
£167K07/220.86 mi18, Helmsley Road, Wakefield, West Yorkshire WF2 6QU2
£73.5K12/200.94 mi137, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£77K11/210.94 mi173, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£90K08/230.94 mi54, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£67K10/200.94 mi177, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£72K12/200.94 mi167, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£85K02/230.94 mi159, Howden Way, Eastmoor, Wakefield, West Yorkshire WF1 4PL2
£37K11/231 mi20a, Sun Lane, Wakefield, West Yorkshire WF1 1JD2

Local Rents

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

RentDateDistanceAddressBeds 
£72510/240.02 miHockney, Manygates Lane, Wakefield2
£57510/240.04 miMoore, Woodlands Village, Wakefield, WF12
£72510/240.08 miAcme Terrace, Wakefield, West Yorkshire, WF12
£75010/240.14 miWarren Avenue, Wakefield, West Yorkshire, WF22
£70010/240.35 miBriar Grove, Agbrigg, Wakefield2
£75002/250.35 mi-2
£85010/240.4 miNavigation Walk, WAKEFIELD2
£82510/240.41 miHebble Wharf, Navigation Walk, Wakefield, UK, WF12
£77510/240.48 miWaterside Way, Wakefield, West Yorkshire, WF12
£89510/240.48 mi-2
£79502/250.48 mi-2
£80002/250.48 mi-2
£75003/250.48 mi-2
£99510/240.57 miManygates Lane, Wakefield, West Yorkshire, WF22

Local Area Statistics

Population in WF1

34,122

Population in Wakefield

126,493

Town centre distance

1.03 miles away

Nearest school

0.40 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £100,000

February 14, 2025

Floor Plans

Description

  • No Chain +
  • Two Bedrooms +
  • Off Street Parking +
  • Top Floor +

*NO ONWARD CHAIN*

Located in the woodlands village development off Manygates lane in Wakefield. This spacious top floor two bed apartment is offered with NO CHAIN. The property offers entrance hall, lounge, kitchen, two bedrooms and a bathroom. The property benefits from central heating and double glazing. There is a parking space and visitor parking on site and well-maintained communal gardens.

The property is closely located to Wakefield city centre with great transport links and access to the motorway network.

Leasehold 950 years from 2008

Agent Details

Bridgfords, Wakefield

01924 793547

Next Steps?

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