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Parkside, Flockton, Wakefield

Yorkshire

£105,000
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
679 sqft

Description

This two-bedroom mid-terraced property in the charming village of Flockton presents a valuable opportunity for renovation enthusiasts and investors alike. Without any upper chain involved, this home offers immediate accessibility for those looking to make their mark on a residence with considerable potential. Upon entering, you’ll find a welcoming hallway leading into a spacious lounge that benefits from ample natural light and features a central fireplace, providing an inviting atmosphere. The kitchen is located at the rear of the property, accompanied by additional utility space and an under-stairs storage area. A door from the kitchen allows direct access to the garden, which is well-suited for both relaxation and outdoor activities. The front of the property includes a driveway offering off-street parking—a convenient feature in this sought-after area. The rear garden is divided into two levels, combining lawn and patio spaces that can be transformed into an ideal outdoor retreat or entertaining area. Its enclosed nature ensures privacy while offering gateway access to further lands beyond. On the first floor, the main bedroom overlooks the driveway and includes built-in cupboard space above the staircase. The family bathroom is equipped with essential amenities such as a bath, shower, toilet, and sink. The second bedroom at the back of the property provides views of the garden and features loft access via a set of ladders leading to a boarded loft space with Velux windows, enhancing usable space and natural light. This property is connected to mains services including gas, electricity, water, and drainage; however, prospective buyers are encouraged to perform their own inspections for confirmation of these utilities since they have not been tested. With its blend of character and scope for improvement, this home in Flockton can easily be tailored into a contemporary family dwelling or hold significant investment potential in an increasingly desirable location.

Investment Analysis

(WF4 area)

Below Market Value

This property is priced -37.5% below area average per sq ft

-37.5%
Potential saving
This Property
£155/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£184,932
10% above area average per sq ft
Potential ROI
+42.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (WF4)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 7.2%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on WF4 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

Parkside, Flockton, 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
£385
Based on a loan of £78,750 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