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Land At Smawthorne Lane, Castleford

Yorkshire

£36,000
Listed on 01/05/2026

Property Details

Bedrooms
N/A
Type
Residential Development

Description

This detached brick structure presents a unique investment opportunity in an established Yorkshire locale. While the property currently stands in a derelict state, its prominent roadside position and existing mixed-use surroundings make it a prime candidate for redevelopment or refurbishment. Potential investors, developers, or owner-occupiers will find this site versatile, with possibilities ranging from commercial premises to residential conversions, contingent upon obtaining the necessary planning permissions. The property previously served commercial purposes and there is a history of planning applications aimed at residential transformation that could be revisited by interested buyers. Given the direct access from a busy street, the site can accommodate various future uses, adding to its appeal as a project that can yield both immediate returns and long-term value. Properties like this are becoming increasingly scarce; thus, this is an exceptional chance for those looking to embark on a valuable renovation journey.

Investment Analysis

(WF10 area)
Area Average
£208/sq ft
Avg Rent (weekly)
£194
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (WF10)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +2.8%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on WF10 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

Land At Smawthorne Lane, Castleford
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£128
Based on a loan of £27,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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