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Wakefield Road, Lightcliffe, HX3 - Image 1
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Wakefield Road, Lightcliffe, HX3

Yorkshire

£240,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1340 sqft

Description

This charming Grade II listed cottage in Lightcliffe, dating back to 1875, presents an exceptional opportunity for renovation and investment. Nestled slightly off Wakefield Road, the property boasts a prime location that benefits from local amenities including shops, restaurants, tea rooms, and schools—all within walking distance. For those who commute, easy access to the M62 connects you conveniently to Leeds and Manchester. The cottage features two double bedrooms with distinct aspects, providing ample natural light and versatility for any buyer's needs. A spacious four-piece bathroom enhances the first floor's functionality. On the ground level, the inviting hallway serves as a versatile entry point leading to a good-sized lounge characterized by original ceiling beams and a cozy atmosphere. The kitchen-dining area offers generous space ideal for entertaining, complete with an exposed fireplace and access to both the basement rooms and rear garden. One of the property’s most enticing aspects is its potential for expansion. The two basement rooms offer an opportunity for conversion—many neighboring properties have successfully transformed similar spaces into additional living areas or even larger kitchens (subject to planning consent). This could significantly enhance the living experience while adding value to your investment. Externally, on-street parking is available along Wakefield Road. The front garden features an attractive lawn that could appeal to gardening enthusiasts, while the small enclosed rear garden provides privacy—ideal for pet owners or those seeking relaxation outdoors. Overall, this cottage blends period charm with promising investment potential in a desirable location. It’s suitable for a range of buyers looking to create their dream home or seeking an advantageous rental property in an appealing area.

Investment Analysis

(HX3 area)

Below Market Value

This property is priced -21.1% below area average per sq ft

-21.1%
Potential saving
This Property
£179/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£334,672
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (HX3)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 16.1%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on HX3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Wakefield Road, Lightcliffe, HX3
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