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Dewsbury Road, Wakefield, West Yorkshire

Yorkshire

£72,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
764 sqft

Description

This two-bedroom through terrace presents a substantial renovation opportunity, ideal for investors and developers aiming to enhance value in a competitive market. The property requires extensive refurbishment, including significant repairs due to fire damage affecting the roof, presenting a chance to create something unique in an area where fully renovated properties achieve rental values around £850 per month. The sizeable rear garden adds appeal for potential tenants or buyers seeking outdoor space. Located within Wakefield, the property benefits from its proximity to local shops, amenities, and retail parks. Additionally, with Wakefield Westgate train station just a short 10-minute stroll away and easy access to the motorway network, this location is convenient for commuting. Prospective buyers are encouraged to conduct their own investigations before proceeding.

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Investment analysis

(WF2 area)

Below Market Value

This property is priced -63.6% below area average per sq ft

-63.6%
Potential saving
This Property
£94/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£209
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£217,411
10% above area average per sq ft
Potential ROI
+78.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Dewsbury Road, Wakefield, West Yorkshire
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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
£272
Based on a loan of £54,000 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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