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Ferry Lane, Stanley, Wakefield

Yorkshire

£170,000
Listed on 08/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace home presents a compelling opportunity for renovation or investment in the desirable area of Stanley. With its proximity to local amenities, schools, and convenient transport links, this property is well-positioned for those looking to create value through updates and modernization. Internally, the layout comprises a kitchen and living area on the ground floor, offering a practical space that can be enhanced with contemporary finishes. A cellar adds valuable storage or potential conversion options. On the upper level, you will find two generously sized bedrooms along with a family bathroom. Although some cosmetic improvements are needed, these changes can transform this residence into a comfortable family home. Externally, the property features outdoor space and an option for off-street parking, although it is not currently registered as such. The combination of location and renovation potential makes this home attractive not only to couples or small families but also to investors seeking a property with promising returns. Given the lack of any upper chain, this home is ready for new ownership with minimal delay. Viewing is highly recommended to appreciate both its current state and future possibilities.

Investment Analysis

(WF3 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WF3)

Area prices are falling by +4.0% over the last 12 months
3 year growth: 7.3%
5 year growth: 38.3%
Investment Disclaimer: Analysis based on WF3 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.

Location

Ferry Lane, Stanley, Wakefield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE