2 bedroom terraced house for sale
Hugh Street, Castleford, West Yorkshire, WF10
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- 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
- Tenants in situ generating £9,300 per annum with clear rental uplift potential to £10,200pa
- Strong yields - 6.89% current gross yield, rising to 7.56% with potential rental increase
- Freehold two-double bedroom terrace
- Refurnished in 2020
- Walking distance to Castleford town centre
- Attractive £135,000 price point
Description
Asking Price: £135,000
Tenure: Freehold
Current Rent: £775 PCM (£9,300 per annum)
Reversionary Rent Potential: £850 PCM (£10,200 per annum)
Bedrooms: 2 Double Bedrooms
Property Type: Mid-Terrace
Refurbished: 2020
Income-Producing Buy-to-Let with Rental Uplift Potential
A strong opportunity for investors to acquire a well-presented, freehold, two-double-bedroom terraced property in Castleford, offered with tenants in situ and clear scope for rental growth.
The property was refurbished in 2020, is well maintained, and continues to perform reliably as a rental asset. With market rents in the area supporting higher monthly figures, there is an identified uplift potential to £850 PCM, making this an attractive value-add investment.
Rental Performance & Yield Analysis
Current Performance:
Monthly Rent: £775
Annual Rent: £9,300
Gross Yield at Asking Price: 6.89%
Reversionary Potential:
Projected Rent: £850 PCM
Annual Rent: £10,200
Potential Gross Yield: 7.56%
This combination of immediate income and future rental upside makes the property particularly appealing for landlords focused on yield growth over the short to medium term.
Refurbished & Tenant-Friendly Accommodation
The layout and condition of the property continue to attract and retain tenants, benefiting from:
Two genuine double bedrooms
Two reception rooms, offering flexible living space
Fresh, neutral décor throughout
Modern kitchen and bathroom fittings
Gas central heating & double glazing
The refurbishment completed in 2020 has ensured lower ongoing maintenance costs and consistent tenant demand.
Investor Highlights
Freehold investment
Tenants in situ
Immediate rental income
Rental uplift potential to 7.56% gross yield
Two double bedrooms & two reception rooms
Refurbished and well maintained
Walking distance to town centre
Strong tenant demand location
Summary
183 Hugh Street presents a solid buy-to-let investment offering dependable income today with clear scope to enhance returns through rental growth. With refurbishment works already completed, tenants in place, and a competitive asking price, this is a low-risk, high-appeal asset for investors seeking both stability and upside.
- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Hugh Street, Castleford, West Yorkshire, WF10
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