Agbrigg Road, Wakefield, West Yorkshire, WF1
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
98 sq ft
9 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Recently Refurbished
- 4-Bed HMO
- Fully Vacant
- Potential Gross Yield 11.7%
- Possible Annual Gross Income £25,740.00
- Popular Residential Area
Description
- Full Address: 148 Agbrigg Road, Wakefield WF1 5BL
- Asking Price: £220,000.00
- Recently refurbished
- 4-bed HMO
- 2 bathrooms
- Average Weekly Rate Per Room: £123.75
- Potential Annual Gross Income: £25,740.00
- Potential Annual Running Cost: £8,419.22
- Potential Net Annual Income: £17,325.78
- Potential Gross Yield: 11.7%
- Terrace Property
Wakefield is not far behind Leeds in terms of house price growth, which may surprise you. Over the last ten years, the city has grown by an astounding 35.12%. However, as the below Zoopla comparison shows, average property prices in Leeds are significantly higher. Leeds is heavily regarded as an investor hotspot. However, it seems investors should be looking outside of Leeds if they want to access even higher levels of capital growth and growing rental yields. Especially as rents are rising rapidly in Leeds city centre, residents are beginning to look elsewhere for more affordable prices.
With property markets such as Manchester and Leeds becoming increasingly oversaturated, many investors are wondering where the next hotspot will be. As we know, the rise of commuter towns has become a hot topic on investors radars. Commuter locations benefit from much lower property prices, but high levels of capital growth. Also, the achievable rental yields will be much higher. Therefore, it is crystal clear, judging by the unforeseen growth of Wakefield, that it is not a property market you want to miss out on.
With the waterfront regeneration nearing completion, and the Trinity Walk shopping centre becoming more and more popular, now could not be a better time to invest in Wakefield. If you are able to capitalise on the city whilst prices are still low, in the next ten or twenty years, a property in Wakefield will exceed your capital growth expectations. When looking where to invest in 2022, emerging locations such as Wakefield present the best opportunities. Property prices are lower but capital growth levels are high, meaning you will achieve the highest returns.
Kind regards.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Agbrigg Road, Wakefield, West Yorkshire, WF1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sandal & Agbrigg Station0.4 miles
- Wakefield Kirkgate Station0.9 miles
- Wakefield Westgate Station1.5 miles
About the agent
Pure, Manchester
125 Deansgate, Manchester, M3 2LH
Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.
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Visit our security centre to find out moreDisclaimer - Property reference Agbrigg-Road-Wakefield-WF1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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