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Henry Street, Wakefield

Yorkshire

£120,000
Listed on 23/09/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property in Wakefield presents a unique opportunity for renovation and investment. With its spacious layout, the home offers a functional, versatile living space that can be easily transformed to meet modern standards. The ground floor features a generous living room equipped with a traditional fireplace, complemented by two doors leading to the fitted kitchen. The kitchen, which overlooks the rear garden, includes essential amenities such as a gas hob and integrated oven, along with plumbing provisions for additional appliances. Notably, access to the lower ground floor reveals two dry cellar rooms that are both illuminated and powered—ideal for storage or potential conversion into usable space. On the first floor, you will find two well-sized bedrooms and a bathroom fitted with a three-piece suite. Both bedrooms benefit from UPVC double glazing and plantation shutters, enhancing privacy and comfort. The property is heated by gas and includes practical features such as loft access and fitted wardrobes in the master bedroom. Externally, this home has a low-maintenance block-paved rear garden that is enclosed for security. With an outdoor water tap conveniently located beneath the kitchen window and an exterior light fixture, this space is ready for your personal touch. Located within walking distance of local shops, schools, and public transport links—including regular bus services and close proximity to Wakefield Westgate train station—this property is well-situated for convenience. It's an enticing prospect for those looking to invest or renovate, as it comes with no onward chain. The property also benefits from previous external renovations completed by the former owner, including work on the roof and chimney breast, ensuring some peace of mind regarding structural integrity. Potential buyers are encouraged to explore these improvements further to gauge their impact on future renovations. This is an opportunity not to be overlooked; viewing is highly recommended for anyone interested in realizing the full potential of this mid-terraced home in Wakefield’s evolving landscape.

Investment Analysis

(WF2 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WF2)

Area prices are rising by +18.5% over the last 12 months
3 year growth: 18.6%
5 year growth: 26.7%
Investment Disclaimer: Analysis based on WF2 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

Henry Street, Wakefield
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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