2 Bed Flat, Planning Permission, Wakefield, WF2 9SL, £110,000

Mill Chase Road, Wakefield, West Yorkshire, WF2 9SL - a month ago

Sold STC
Leasehold
Planning
ROI: 7%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£37K - £220K
Sold Prices/m²£698/m² - £2.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£115,735
BMV5%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£675 - £2,050

Rent Estimate

£695

Running Costs/mo

£503

Cashflow/mo

£192

Cashflow/yr

£2,307

ROI

7%

Gross Yield

8%

Local Sold Prices

33 sold prices from £37K to £220K, average is £101K. £698/m² to £2.4K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£88K07/210 mi36, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£100K05/230 mi7, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£90K11/210 mi34, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£110K03/220 mi44, Mill Chase Road, Wakefield, West Yorkshire WF2 9SL2
£105K07/230.07 mi18, Mill Chase Gardens, Wakefield, West Yorkshire WF2 9SP2
£112K12/230.08 mi22, The Rowick, Wakefield, West Yorkshire WF2 9SY2
£101K12/220.1 mi20, The Point, Wakefield, West Yorkshire WF2 9AP2
£108.8K03/210.11 mi32, The Point, Wakefield, West Yorkshire WF2 9AP2
£100K02/230.3 mi10, Barrass Yard, Wakefield, West Yorkshire WF2 8WJ2
£107K07/230.31 mi9, Barrass Yard, Wakefield, West Yorkshire WF2 8WJ2
£95K09/230.33 mi20, Mayfair Court, Wakefield, West Yorkshire WF2 8WL2
£80K06/210.51 mi1, Cliff Villa Court, Wakefield, West Yorkshire WF1 2DN2
£80K05/210.51 mi2, Cliff Villa Court, Wakefield, West Yorkshire WF1 2DN2
£120K09/210.53 mi44, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£162.5K02/230.53 mi57, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£136K03/230.53 mi37, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£125K08/230.53 mi26, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£142.5K02/230.53 mi24, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£147K11/220.53 mi5, St Christophers Walk, Wakefield, West Yorkshire WF1 2UP2
£81K03/240.55 mi6, Meadow Croft, Wakefield, West Yorkshire WF2 0DJ2
£125K12/200.61 mi29, St Johns Court, Wakefield, West Yorkshire WF1 2RY2
£110K03/210.61 mi11, St Johns Court, Wakefield, West Yorkshire WF1 2RY2
£220K07/210.76 mi28, Belgravia Road, Wakefield, West Yorkshire WF1 3JP2
£76K07/230.79 mi18, Tyrrell Court, Wakefield, West Yorkshire WF2 9JP2
£95K10/210.85 mi8, Cartwright Fold, Wakefield, West Yorkshire WF2 9UB2
£83K06/210.88 mi9, Weavers Chase, Wakefield, West Yorkshire WF2 9UE2
£81.3K07/210.88 mi7, Weavers Chase, Wakefield, West Yorkshire WF2 9UE2
£140K04/240.88 mi21, Fairway View, Wakefield, West Yorkshire WF2 8UR2
£120K07/210.88 mi21, Fairway View, Wakefield, West Yorkshire WF2 8UR2
£95K09/230.91 mi26, Blenheim Road, Wakefield, West Yorkshire WF1 3JZ2
£37K11/230.94 mi20a, Sun Lane, Wakefield, West Yorkshire WF1 1JD2
£78K05/230.95 mi4, Dickinson Court, Wakefield, West Yorkshire WF1 3PU2
£90K04/230.95 mi47, Dickinson Court, Wakefield, West Yorkshire WF1 3PU2

Local Rents

26 rents from £675/mo to £2K/mo, average is £835/mo.

RentDateDistanceAddressBeds 
£69510/240.06 miAlverthorpe Road, Wakefield, West Yorkshire, UK, WF22
£85012/240.07 mi-2
£95010/240.17 miBrendon Close, Wakefield, WF2 9NB2
£72511/240.19 mi-2
£75010/240.25 mi-2
£82004/250.4 mi-2
£1,25004/250.41 mi-2
£75010/240.46 miCliff Villa Court, Wakefield, WF1 2DN2
£95010/240.48 miFinchdale Close, Wakefield, WF1 2GB2
£72510/240.49 miWestgate Central, 117 Westgate2
£92510/240.5 miCarnforth Avenue, Wakefield2
£1,20003/250.5 mi-2
£95010/240.5 mi-2
£2,05003/250.5 mi-2
£1,05003/250.5 mi-2
£99510/240.5 miCarnforth Avenue, Wakefield, WF1 2GD2
£82510/240.5 miMulberry House , Burgage Square, Wakefield, West Yorkshire, WF12
£92511/230.51 mi-2
£84502/240.52 mi-2
£82510/240.53 miMulberry House, Burgage Square, Wakefield, West Yorkshire WF12
£75010/240.55 mi-2
£69510/240.6 miSilcoates Street, Wakefield, West Yorkshire, UK, WF22
£89502/250.61 mi-2
£70012/240.61 mi-2
£70001/250.61 mi-2
£67502/250.61 mi-2

Local Area Statistics

Population in WF2

50,884

Population in Wakefield

126,493

Town centre distance

0.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.44 miles away

 

 

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £110,000

February 28, 2025

Floor Plans

Description

  • Spacious Two-Bedroom First-Floor Apartment +
  • Well-Maintained and Beautifully Presented Throughout +
  • Includes Allocated Parking Plus Visitor Parking +
  • Prime Central Location with Excellent Amenities Nearby +
  • Perfect for First-Time Buyers or Investors +
  • Offered with No Onward Chain for a Hassle-Free Purchase +

Movenowproperties are delighted to present this spacious two-bedroom apartment, ideally situated on the first floor. Boasting allocated parking and a prime central location, this property is perfect for first-time buyers or investors.

Communal Entrance
Having external entrance doors to front or side leading to well-maintained communal hall and stairs leading to first and second floor.

Entrance
A welcoming entrance area with stylish matted flooring offering space for shoes and coats with an internal door leading to the hallway.

Hallway
Carpeted hallway featuring a recessed area with glass shelving and lighting, a useful storage cupboard, and a radiator. Doors lead to the kitchen, living room, bedrooms, and bathroom.

Kitchen
A well-equipped kitchen offering a range of wall and base units with work surfaces, tiled splashback, and a stainless-steel sink with a mixer tap. Includes a slimline dishwasher, washing machine and fridge freezer, an electric oven, a gas hob with a cooker hood above, a radiator, and a double-glazed window.

Bathroom
Modern three-piece suite comprising a WC, a pedestal wash basin, and a bathtub with an overhead shower and glass shower screen. Partially tiled walls, radiator, and frosted double-glazed window.

Bedroom One
Spacious double bedroom with laminate flooring, a radiator, and a double-glazed window.

Bedroom Two
A generously sized second bedroom with carpet flooring, a radiator, and a double-glazed window.

Outside
Includes one allocated parking space and visitor parking. Ideally located close to Wakefield Town Centre, offering excellent amenities and transport links.

Viewing is highly recommended to fully appreciate this fantastic opportunity!

EPC Rating: C78
Please contact us for further details of the full EPC

Tenure: Leasehold
Approx 126 years remaining
Service charge Approx £1244 per annum
Ground rent Approx £87.25 per annum

Council Tax Band B
Property Type: Apartment
Construction type Brick built
Heating Type Gas central heating
Water Supply Mains water supply
Sewage Mains drainage
Gas Type Mains Gas
Electricity Supply Mains Electricity
All buyers are advised to visit the Ofcom website and open reach to gain information on broadband speed and mobile signal/coverage.

Parking type: Off road allocated
Building safety N/A
Restrictions N/A
Rights and easements N/A
Flooding - LOW
All buyers are advised to visit the Government website to gain information on flood risk.

Planning permissions N/A
Accessibility features N/A
Coal mining area West Yorkshire is a mining area
All buyers are advised to check the Coal Authority website to gain more information on if this property is affected by coal mining.
We advise all clients to discuss the above points with a conveyancing solicitor.

Floor plans
These floor plans are intended as a rough guide only and are not to be intended as an exact representation and should not be scaled. We cannot confirm the accuracy of the measurements or details of these floor plans.

Viewings
For further information or to arrange a viewing please contact our offices directly.

Free valuations
Considering selling or letting your property?
For a free valuation on your property please do not hesitate to contact us.

DISCLAIMER:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

Agent Details

MoveNow Properties, Wakefield

01924 907003

Next Steps?

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