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Parkinson Close, Wakefield, West Yorkshire WF1 - Image 1
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Parkinson Close, Wakefield, West Yorkshire WF1

Yorkshire

£235,000
Listed on 21/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
753 sqft

Description

This three-bedroom detached property in Wakefield presents a solid opportunity for those looking to invest or renovate. Its substantial off-road parking and a spacious rear garden offer potential for expansion or landscaping, subject to planning permissions. Positioned conveniently within WF1, the property allows for quick commuting access via the M1 and is near Wakefield Kirkgate and the city center, ensuring urban amenities are readily available. The ground floor features an entrance porch leading into a sizeable lounge with neutral decor, alongside a kitchen that boasts ample worktop space and direct access to the rear garden through patio doors. A downstairs WC adds convenience. Upstairs, three generously-sized bedrooms provide a great foundation for first-time buyers or families. The family bathroom comes equipped with a low-level flush WC, hand basin, and over-bath shower. In addition to its ample off-road parking, the outdoor space includes attractive grassed areas that invite landscaping improvements or potential extensions to maximize living space.

Investment Analysis

(WF1 area)

Above Market Value

This property is priced +33.7% above area average per sq ft

+33.7%
This Property
£312/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£195
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£193,325
10% above area average per sq ft
Potential ROI
-25.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (WF1)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -4.7%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on WF1 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

Parkinson Close, Wakefield, West Yorkshire WF1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£848
Based on a loan of £176,250 over 30 years at 4.06% 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.

Price History

-2.1% since listed
£235,000£5,000(-2.1%)
21/03/2026
Current price
£240,000Initial listing
13/04/2025

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