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Fryergate, Wakefield WF2 - Image 1
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Fryergate, Wakefield WF2

Yorkshire

£130,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1324 sqft

Description

This mid-terraced property presents a promising opportunity for renovation or investment, featuring two generously-sized bedrooms in a well-established area. While the home requires modernization, its spacious layout offers significant potential for those looking to tailor their living space or add value. Upon entering, you’ll find a welcoming lounge that provides access to both the cellar and kitchen. The kitchen is equipped with a range of wall and base units, along with an island that features additional storage options. Adjacent to the kitchen, there is a small utility space and a convenient downstairs toilet. The first floor includes a landing leading to two double bedrooms, one of which contains the bathroom. This compact bathroom includes a bath with an overhead shower, sink, and W.C., while the property also boasts an additional loft room that could be utilized as an extra bedroom or office. Outside, street parking is available at the front of the house, and the rear features a low-maintenance yard—ideal for those who prefer minimal outdoor upkeep. Located within a community with potential for growth, this property not only serves as an excellent personal residence but also as an investment opportunity given its renovation needs. Prospective buyers are encouraged to explore this blank canvas and consider how they can enhance its value through updates and restorations.

Investment Analysis

(WF2 area)

Below Market Value

This property is priced -61.8% below area average per sq ft

-61.8%
Potential saving
This Property
£98/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£13,000 - £32,500
10-25% of property value
Target Value
£374,732
10% above area average per sq ft
Potential ROI
+130.6%
After renovation
Monthly Sales
23
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (WF2)

Area prices are rising by +14.7% over the last 12 months
3 year growth: 18.5%
5 year growth: 26.4%
Investment Disclaimer: Analysis based on WF2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Fryergate, Wakefield WF2
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