4 Bed HMO, Wakefield, WF2 8EG £95,000

96 Townley Road, Wakefield, West Yorkshire, WF2 8EG - 9 views - 7 months ago
Auction
HMO
ROI: 28%
91 m²
Property image

ValuationUndervalued

Sold Prices£75K - £540K
Sold Prices/m²£765/m² - £7K/m²

 

 

Square Metres

91 m²
Price/m²£1K/m²

Value Estimate

£116,850
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Room Rate

£442

Gross Rent

£1,768

Running Costs/mo

£1,076

Cashflow/mo

£692

Cashflow/yr

£8,310

ROI

28%

Gross Yield

22%

Local Sold Prices

31 sold prices from £75K to £540K, average is £305K. £765/m² to £7K/m², average is £2.7K/m².

Price
Date
Distance
Address
Beds
 
£305K03/230.22 mi294, Dewsbury Road, Wakefield, West Yorkshire WF2 9DB4
£245K12/210.22 mi46, Oakleigh Avenue, Wakefield, West Yorkshire WF2 9DF4
£308K05/230.22 mi14, Ashleigh Avenue, Wakefield, West Yorkshire WF2 9DA4
£230K05/230.24 mi2, Pinewood Avenue, Wakefield, West Yorkshire WF2 9JR4
£321.5K10/230.31 mi327, Flanshaw Lane, Wakefield, West Yorkshire WF2 9JA4
£117.5K03/230.42 mi15, Cave Crescent, Wakefield, West Yorkshire WF2 8HB4
£140K11/210.44 mi80, Whinney Moor Avenue, Wakefield, West Yorkshire WF2 8RJ4
£330K12/220.64 mi11, Thornbury Park, Wakefield, West Yorkshire WF2 8LQ4
£368K05/240.66 mi51a, Lennox Drive, Wakefield, West Yorkshire WF2 8LJ4
£258K05/230.66 mi39, Lennox Drive, Wakefield, West Yorkshire WF2 8LJ4
£220K01/250.67 mi35, The Point, Wakefield WF2 9SZ4
£525K03/240.68 mi72, Thornes Road, Wakefield WF2 8QL4
£442.5K12/230.72 mi387, Horbury Road, Wakefield WF2 8JJ4
£230K02/250.76 mi6, The Rowick, Wakefield WF2 9SY4
£435K03/230.78 mi101, Cumbrian Way, Wakefield, West Yorkshire WF2 8JT4
£265K03/240.79 mi64, Batley Road, Wakefield, West Yorkshire WF2 0AD4
£280K12/220.79 mi10, Padgett Way, Wakefield, West Yorkshire WF2 9UG4
£377.5K12/220.81 mi100, Lennox Drive, Wakefield, West Yorkshire WF2 8LF4
£295K02/250.81 mi16, Osborne Avenue, Horbury, Wakefield WF4 5QR4
£277.5K06/230.86 mi150c, Balne Lane, Wakefield, West Yorkshire WF2 0DP4
£262.5K03/250.9 mi150b, Balne Lane, Wakefield WF2 0DP4
£307K12/220.92 mi83, Teall Street, Ossett, West Yorkshire WF5 0HS4
£280K05/230.92 mi19, Larkspur Way, Wakefield, West Yorkshire WF2 0FD4
£380K05/250.93 mi2, Beckett Court, Horbury, Wakefield WF4 5FB4
£380K05/250.93 mi2, Beckett Court, Horbury, Wakefield WF4 5FB4
£375K08/230.94 mi4, Gelder Court, Wakefield, West Yorkshire WF2 0UN4
£418K12/220.95 mi6, Gelder Court, Wakefield, West Yorkshire WF2 0UN4
£270K01/230.98 mi23, Teall Street, Ossett, West Yorkshire WF5 0PA4
£540K08/230.99 mi8, Saffron Court, Wakefield, West Yorkshire WF2 0FQ4
£390K07/230.99 mi8, Geary Close, Wakefield, West Yorkshire WF2 0UL4
£75K05/231 mi21, Balne Lane, Wakefield, West Yorkshire WF2 0DL4

Local Area Statistics

Population in WF2

50,850

Population in Wakefield

126,493

Town centre distance

0.89 miles away

Nearest school

0.10 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £95,000

April 4, 2025

Floor Plans

Property image

Description

Guide Price = **£95,000+

For Sale By Public Auction 23rd April 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack

A Four Bedroom Semi Detached HMO Fully Let Producing £22,308 Per Annum

**Tenure
Freehold

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Pugneys Country Park are within easy reach. Transport links are provided by Wakefield Westgate rail station.

Description
The property comprises a four bedroom semi detached HMO arranged over ground and two upper floors.

Accommodation
Ground Floor
Communal Reception Room/Kitchen
Bedroom

First Floor
Three Bedrooms (One With En-Suite Bathroom)
Communal Bathroom

Exterior
The property benefits from both front and rear gardens.

Tenancy
The four bedrooms are subject to individual tenancies at a combined rent of £22,308 per annum. Please refer to the legal pack for further information.

Viewing Appointments to be Confirmed

Agent Details

Auction House London, Hampstead

020 3897 6030

Next Steps?

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