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Fryergate, Wakefield

Yorkshire

£125,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1324 sqft

Description

This mid-terraced property features two generously sized bedrooms and presents an excellent opportunity for renovation and investment. The home is in need of modernization, making it an ideal project for buyers looking to add value through upgrades. Entering the property, you are welcomed into the spacious lounge, which provides access to both the cellar and the kitchen. The kitchen is equipped with a mixture of wall and base units, as well as an island offering additional storage space. Beyond the kitchen, you'll find a small utility area and a conveniently located downstairs toilet. On the first floor, there is a landing leading to two double bedrooms. Notably, one of the bedrooms includes a bathroom with a bath and shower combination, sink, and W.C., presenting potential for reconfiguration or enhancement. Additionally, this property is complemented by a loft room that could serve multiple purposes depending on your vision. Outside, on-street parking is available at the front of the house. The rear yard is designed for low maintenance yet offers potential for landscaping or outdoor improvements. Situated in a location that benefits from local amenities and transport links, this property holds great promise for investors or those looking to create their dream home through renovation. Take advantage of this opportunity to explore its full potential; viewing can be arranged upon request.

Investment Analysis

(WF2 area)

Below Market Value

This property is priced -62.1% below area average per sq ft

-62.1%
Potential saving
This Property
£94/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£362,571
10% above area average per sq ft
Potential ROI
+119.7%
After renovation
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

Fryergate, 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
£458
Based on a loan of £93,750 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