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Parkinson Close, Wakefield, West Yorkshire

Yorkshire

£235,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
753 sqft

Description

This three-bedroom detached house offers a promising opportunity for renovation and investment in the WF1 area. The property features generous off-road parking and a sizeable rear garden, presenting potential for extension, subject to necessary planning approvals. Conveniently situated near essential amenities including schools, supermarkets, and dining options, it also provides excellent transport links to the M1 and Wakefield's centre—ideal for commuters. The ground floor comprises an entrance porch that leads into a spacious lounge with neutral decor, ideal for modern personalization. The kitchen is positioned at the rear and includes ample worktop space, cupboards, and room for a dining table, along with patio doors that open onto the garden. A downstairs WC is also available on this level. Upstairs features three well-sized bedrooms that are particularly suited for first-time buyers or families seeking to make their mark in a growing neighbourhood. The family bathroom includes standard fittings such as a low-level WC, hand basin, and shower over bath setup. Externally, the property boasts plenty of off-road parking options and lush grassed gardens which enhance privacy while providing scope for landscaping or development.

Investment Analysis

(WF1 area)

Above Market Value

This property is priced +33.7% above area average per sq ft

+33.7%
This Property
£312/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£193,325
10% above area average per sq ft
Potential ROI
-28.4%
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
24%
Properties sold annually

Local Market Trend (WF1)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -4.7%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on WF1 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

Parkinson Close, Wakefield, West Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£848
Based on a loan of £176,250 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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