2-bedroom house · WF2 9EA
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The current owner is selling their 60% share of this two bedroom end town house.
The Silkwood Gate development is ideally located being two miles from Wakefield city centre and close to the M1 motorway for easy access to other towns and cities.
Wakefield offers a wide range of shops, retails parks and leisure facilities for the whole family.
This home is available with shared ownership shares ranging from 60% to 75% Home Description Two bedroom mid and end town house The property benefits from gas central heating, double glazing, parking space and turfed garden area.
All properties come with a 10 year National House Building council (NHBC) warranty.
Room Dimensions Ground floor Entrance hall Cloakroom / toilet Kitchen with built in oven, hob and extractor hood 2.12m x 3.00m Living / dining room with French doors to the rear garden 4.25m x 2.88m First floor Bedroom one 4.25m x 2.90m Bedroom two 4.25m x 2.96m Bathroom Dimensions indicated are for guidance only and are not intended to be used for sizing, ordering appliances, furniture, carpets or curtains.
Share information Two bedroom, end townhouse £167,500 60% share price £105,500 rent each month £263.73 70% share price £117,250 rent each month £177.55 75% share price £125,625 rent each month £147.96 Plus the following charges each month: Buildings insurance: £4.69 Management fees: £5.64 Service charge: £20.46 This home has 115 years and 6 months remaining on the lease.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Corbett Drive, Wakefield, West Yorkshire, WF2
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