31 Lincoln Street, Wakefield, West Yorkshire WF2 0EB

For sale by Auction on 28 September 2026.

A five-bedroom HMO investment property with four rooms currently let, generating a combined rental income of £1,750 per calendar month (£21,000 per annum). The remaining bedroom is vacant and, once fully occupied, the property is expected to produce £2,150 per calendar month (£25,800 per annum).

The accommodation is arranged over three floors and comprises a ground-floor bedroom, bathroom, dining room and kitchen; three bedrooms and a separate W.C. to the first floor; and a fifth bedroom within the converted loft. The property is presented in good condition and benefits from central heating and double glazing throughout.

The property is situated on Lincoln Street, approximately one mile north-west of Wakefield city centre. Local shops, amenities and public transport connections are readily accessible, with Wakefield Westgate railway station and the city centre within convenient reach. The location also offers good access to the wider regional road network, including the M1 motorway.

Ground Floor: Bedroom, bathroom, dining room and kitchen
First Floor: Three bedrooms and separate W.C.
Second Floor: Loft-conversion bedroom

Council Tax: The property is listed with a Council Tax assessment in Band A.
Japanese Knotweed Interested parties are advised to refer to the Property Information Pack which contains information on Japanese Knotweed which was identified and managed in the neighbouring property.

Tenure: See Legal Pack

EPC Rating: D

Terms:
Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.