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Thirlmere Road, Wakefield WF2

Yorkshire

£170,000

Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1238 sqft

Description

Located on a well-regarded road on the outskirts of Wakefield, this three-bedroom semi-detached home offers significant potential for those looking to invest in a property with renovation opportunities. The layout is spacious and practical, providing a solid foundation for creating a comfortable family residence or rental investment. While the interior requires modernisation, it features well-sized rooms and an adaptable arrangement that appeals to various buyers, including first-time homeowners and investors seeking to add value through updates. The generous living areas are currently neutrally decorated, making it easy for new occupants to envision their personal touch across the spaces. The kitchen presents an opportunity for reconfiguration or modernization, while the adjoining dining room benefits from direct access to the rear garden. Externally, the front and rear gardens offer ample outdoor space, ideal for families or those interested in landscaping projects. The property also provides parking options both at the front and rear, enhancing its practicality. Situated within close proximity to local amenities such as shops and schools, as well as efficient transport links to Wakefield city centre, this home’s location is another major highlight. Properties in this area are rarely available, making this opportunity particularly appealing for buyers looking to secure a future-focused investment with no onward chain.

Investment Analysis

(WF2 area)

Below Market Value

This property is priced -46.6% below area average per sq ft

-46.6%
Potential saving
This Property
£137/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£349,915
10% above area average per sq ft
Potential ROI
+79.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (WF2)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +10.0%
5 year growth: +14.8%
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

Thirlmere Road, Wakefield WF2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£607
Based on a loan of £127,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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