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Elvey Street, Wakefield, WF1

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

1,170 sq ft

109 sq m

TENURE
Describes 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

  • HMO Investment Potential
  • Potential to convert
  • High yield investment
  • Basement
  • Loft space
  • Garden / Yard
  • Free on street parking
  • Spacious Accommodation Throughout

Description

A fantastic opportunity to acquire a substantial four-level terraced property extending to approximately 1,170 sq ft, offering exceptional flexibility for investors and owner-occupiers alike.

The property is currently let on a room-by-room basis, generating a gross rental income of approximately £2,060 per calendar month when fully occupied, making it an attractive income-producing investment from day one.

Arranged over four levels, the accommodation offers generous room sizes, a useful basement and a versatile layout with excellent scope for future enhancement or reconfiguration, subject to any necessary consents. Equally, the property could be adapted into a spacious family home, offering buyers the opportunity to modernise and personalise to their own requirements.

Ideally positioned within easy reach of Wakefield city centre, the property benefits from excellent access to local amenities, supermarkets, schools, public transport and major road links, ensuring continued appeal to both homeowners and tenants.

Whether you are an investor seeking an established rental property with strong income, or a buyer looking for a spacious home with excellent potential, this versatile property represents an outstanding opportunity.

Key Features

- Approximately 1,170 sq ft of accommodation arranged over four levels
- Currently let on a room-by-room basis
- Generating approximately £2,060 PCM gross rental income when fully occupied
- Spacious and versatile layout
- Useful basement providing additional storage or ancillary space
- Excellent investment or family home opportunity
- Scope to enhance or reconfigure (subject to any necessary consents)
- Convenient location close to Wakefield city centre, local amenities and transport links
- Offered chain free

Brochures

Brochure 1
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.
Yes
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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Elvey Street, Wakefield, WF1

Approximate location

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Affordability

Monthly repayments£878
Property: £ 175,000
Deposit: £ 17,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
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.
Renovation potential
Recently sold & under offer
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Disclaimer - Property reference RX735619. 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 TAUK, Covering Nationwide. 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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