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Almshouse Lane, Newmillerdam, Wakefield - Image 1
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Almshouse Lane, Newmillerdam, Wakefield

Yorkshire

£545,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
Semi Detached Bungalow
Area
1077 sqft

Description

This three-bedroom semi-detached bungalow is positioned on a generous, private plot in the desirable village of Newmillerdam, offering a unique opportunity for investment or further development. While the property has been beautifully renovated to a high standard, featuring contemporary finishes and modern conveniences, it also presents additional potential to enhance or expand upon its existing layout. The well-planned accommodation includes a welcoming entrance hall, an impressive kitchen diner, a spacious living room that opens into a conservatory overlooking the extensive gardens, as well as two generous double bedrooms and a stylish bathroom. A valuable storeroom on the first floor adds versatility, allowing for creative uses subject to necessary planning approvals. The outdoor space features ample off-street parking and expansive lawned areas complemented by a flagged patio—ideal for transformation into outdoor living spaces. With no onward chain and located close to local amenities and natural attractions, this property is well-positioned for future growth in value.

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Investment analysis

(WF2 area)

Above Market Value

This property is priced +95.6% above area average per sq ft

+95.6%
This Property
£506/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£209
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£306,482
10% above area average per sq ft
Potential ROI
-48.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WF2)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +11.4%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on WF2 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

Almshouse Lane, Newmillerdam, Wakefield
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,059
Based on a loan of £408,750 over 30 years at 4.45% 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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