Waste Lane, Mirfield
Yorkshire
£130,000
Listed on 03/10/2026
Listed on 03/10/2026
The listing
Property details
Bedrooms
2Type
Town HouseArea
968 sqftFeatures
- Garden
Description
Cash buyers only. This two-bedroom end townhouse has a lounge, a separate sitting/dining room and a kitchen on the ground floor, with two bedrooms and a bathroom above. A further attic room is accessed from the second bedroom and includes under-eaves storage. The accommodation is described as requiring a full programme of renovation, offering scope for a purchaser to plan improvements to their own requirements.
Outside, there are walled garden areas to the front, side and rear, together with a brick-built outhouse. Parking is on street. The property is within walking distance of Mirfield town centre, local shops, cafes and schools, with rail links to nearby towns and cities.
The property is leasehold, with a stated 999-year term from 31 May 1870. The ground rent is to be confirmed, and purchasers should clarify the amount and check title boundaries and any rights of way with their solicitor. An internal viewing is advised.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
67out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £130,000, this end townhouse is priced at £134/sq ft against a local average of £252/sq ft, making the low entry price a clear opportunity. The separate living rooms, bay windows, attic room and walled garden areas give the project useful character and scope to reshape and improve, with an indicated £55,000–£95,000 renovation range. The asking price plus the renovation midpoint is £205,000, below the implied current local average value of £243,984; that comparison is not a GDV and excludes fees and stamp duty.
This is a substantial, hands-on project rather than a cosmetic update: plaster deterioration and staining appear in several rooms, there is significant attic ceiling damage with exposed lath, and the bathroom and exterior finishes are tired. The cause and repair scope for the attic damage need inspection. The listing is cash buyers only, so buyers should check their funding and allow for a full programme of work.
Key opportunities
- The separate lounge and sitting/dining room, both with bay-window character, offer scope to create a more cohesive living space while retaining distinct reception areas.
- The attic room adds flexibility to the existing two-bedroom layout, subject to any necessary checks and work.
- The front, side and rear garden areas provide several outdoor spaces to tidy and improve, including the walled lawn and paved paths visible.
Key risks
- Extensive plaster loss and staining across several rooms, together with a large damaged attic ceiling area and exposed lath, make the £55,000–£95,000 works range a full-gut-scale budget and programme rather than a cosmetic refresh; inspect the cause and repair scope before proceeding.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£491
Based on a loan of £97,500 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.
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