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High Street, Crofton, Wakefield

Yorkshire

£80,000
Listed on 05/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is a noteworthy investment opportunity featuring a well-situated development plot in a desirable village, complete with full planning permission for the construction of two apartments. The approval, granted on October 9, 2025 (reference 25/01120/FUL), allows for a two-storey building that will house two self-contained residential units. The ground floor apartment is approximately 52 sq. metres, while the first-floor unit extends to about 55 sq. metres. This plot boasts an approximate 12-metre frontage on High Street and a return frontage of around 21 metres onto Hare Park View, ensuring high visibility and accessibility. Additionally, all necessary utilities are readily available from the adjacent highway. Located in the appealing village of Crofton, residents will enjoy proximity to local shops, schools, and recreational facilities, with further amenities accessible in nearby Wakefield city centre, which also offers mainline rail services and swift motorway links. This project presents an excellent chance for developers looking to capitalize on the ongoing demand for residential housing in this popular area.

Investment Analysis

(WF4 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
65%
Properties sold annually

Local Market Trend (WF4)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +8.5%
5 year growth: +16.9%
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

High Street, Crofton, Wakefield
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Mortgage Calculator

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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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