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College Grove, Wakefield, West Yorkshire, WF1

Yorkshire

£300,000
Listed on 12/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1333 sqft

Description

Situated in the desirable College Grove area, this spacious four-bedroom detached house presents an excellent investment opportunity for those eager to undertake a comprehensive renovation. While the property is rich in character and potential, it requires extensive updating throughout to reach its full value. The layout includes a large lounge featuring period details, a kitchen/diner with ample space for modernisation, and four well-sized bedrooms alongside a family bathroom. Furthermore, two substantial cellars below the property could be utilized for additional storage or as part of further development projects, subject to planning approval. Externally, the home benefits from a double garage and off-street parking for multiple vehicles, while the generous rear garden offers plenty of scope for landscaping and outdoor improvements. This property stands as a blank canvas ready to be transformed into a stunning family residence that maximizes its prime central location.

Investment Analysis

(WF1 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£225/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£342,234
10% above area average per sq ft
Potential ROI
-12.2%
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

College Grove, Wakefield, West Yorkshire, WF1
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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
£1,082
Based on a loan of £225,000 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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