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Gillygate, Pontefract, West Yorkshire

Yorkshire

£85,000
Listed on 14/04/2026

Property Details

Bedrooms
5
Type
Terraced

Description

Presenting a significant investment opportunity in the heart of a thriving Yorkshire town, this substantial four-storey property spans approximately 1,500 square feet. Designed as a blank canvas, it is primed for redevelopment, ideal for investors or developers seeking to capitalize on its versatile layout. The property can accommodate a variety of uses—from chic residential apartments to commercial ventures—pending relevant planning approvals. The prime location benefits from high foot traffic and excellent transport links, making it an attractive prospect for both residential and business projects. This property requires comprehensive refurbishment, providing an exciting opportunity to enhance its value and create desired living or working spaces.

Investment Analysis

(WF8 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£192
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WF8)

Area prices are falling by -4.0% over the last 12 months
3 year growth: +5.0%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on WF8 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

Gillygate, Pontefract, West Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£301
Based on a loan of £63,750 over 30 years at 3.91% 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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