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Chald Lane, Wakefield, West Yorkshire WF2 - Image 1
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Chald Lane, Wakefield, West Yorkshire WF2

Yorkshire

£85,000
Listed on 12/12/2025

Property Details

Bedrooms
2
Type
Terraced
Area
778 sqft

Description

This end-terraced two-bedroom property presents a prime opportunity for investors or first-time buyers eager to enter the market. Offered with no onward chain, the home is situated in a vibrant area of WF2, close to essential amenities, making it an ideal location for commuters with convenient access to bus routes and Wakefield Westgate Station. Inside, the ground floor features a spacious lounge that benefits from ample natural light pouring through a generous window. The kitchen, located at the rear, is a blank canvas with significant potential for modernisation and opens up to a manageable garden space. On the upper level, both bedrooms are well-sized but require updating, which could enhance their appeal for rental or resale. The family bathroom is equipped with standard fixtures including a low-level WC and over-bath shower. Outside, off-street parking is available alongside a low-maintenance garden, providing additional convenience. This property holds substantial renovation potential and could be transformed into a desirable residence or investment property with the right vision and effort.

Investment Analysis

(WF2 area)

Below Market Value

This property is priced -57.0% below area average per sq ft

-57.0%
Potential saving
This Property
£109/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,587
10% above area average per sq ft
Potential ROI
+97.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (WF2)

Area prices are rising by +9.0% over the last 12 months
3 year growth: +15.4%
5 year growth: +19.8%
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

Chald Lane, Wakefield, West Yorkshire WF2
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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
£307
Based on a loan of £63,750 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.

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