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Yorkshire
£40,000
Listed on 13/09/2026
Listed on 13/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This one-bedroom flat in Wakefield presents an intriguing opportunity for renovation enthusiasts. Priced at £40,000, which is significantly below the local average, it offers a chance to acquire a property in a good location near amenities, including bars, shops, and Pinderfields Hospital. While the flat is dated and requires modernisation throughout, this provides a blank canvas for someone looking to add value through refurbishment.
The living area and bedroom show signs of wear, while the kitchen and shower room, although functional, are in need of updates. With renovation costs estimated between £20,000 and £40,000, savvy investors can envision transforming this space into a more contemporary living environment. The low asking price compared to the local market adds to the allure for those willing to take on a light renovation project.
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Map
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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