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Meadow Lane, Wakefield

Yorkshire

£135,000
Listed on 16/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house presents an excellent opportunity for renovation and investment, ideally suited for those looking to put their personal touch on a property. The home is located in a convenient area with easy access to local amenities, including shops, schools, and public transport links, making it appealing for both families and commuters. Upon entering, you’ll find an entrance hall that leads to a spacious lounge characterized by laminate flooring and ample natural light from the front-facing window. Adjacent to the lounge is a separate dining room that connects seamlessly to a conservatory, offering potential for additional living space or a bright area for relaxing with views of the rear garden. The kitchen features a practical layout with wall and base units, providing ample storage and preparation areas. Upstairs, the first floor accommodates three well-sized bedrooms, ensuring enough space for family or guests. Each bedroom benefits from good natural light and includes central heating radiators. The main bathroom, which requires updating, currently includes essential fixtures such as a low flush W.C., pedestal wash basin, and bath with shower over – allowing for modern upgrades in line with your preferences. Externally, the property boasts gardens at both the front and back. The rear garden is low maintenance and offers potential for landscaping or outdoor entertainment areas. A driveway provides off-street parking—an amenity that is particularly valuable in residential settings. Given its current condition requiring some modernization, this property represents a perfect project for first-time buyers eager to enter the market or investors looking to enhance value through renovation. With no onward chain involved in the sale process, interested parties can pursue this opportunity without delay. Early viewings are encouraged to fully appreciate the potential this home has to offer.

Investment Analysis

(WF2 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.4%

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
41
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (WF2)

Area prices are rising by +13.0% over the last 12 months
3 year growth: 15.4%
5 year growth: 24.3%
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

Meadow Lane, 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
£495
Based on a loan of £101,250 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