2-bedroom house · WF3 1JH
Sold STCListed 294 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with NO ONWARD CHAIN, this two-bedroom true bungalow would benefit from some updating but offers huge potential for any buyer to modernise to their own style and taste.
Ideally located in a highly popular residential area with easy access to local amenities and excellent transport links.
This two-bedroom true bungalow is certain to appeal to a wide variety of potential buyers and offers an excellent opportunity for updating and modernising.
Offered for sale with NO ONWARD CHAIN a viewing is highly recommended to fully appreciate the potential.
The accommodation comprises; - entrance hall with fitted storage units, spacious living room, kitchen, two bedrooms and a shower room.
The kitchen has fitted wall and base units, ample worktop space with built-in sink and drainer.
Both bedrooms are rear facing, the main bedroom benefits from having fitted wardrobes and the second bedroom has French doors opening to the garden.
The shower room has a three-piece suite comprising; - shower cubicle, low-level flush WC and wash basin.
The inner hallway provides access to a part-boarded loft which has a retractable ladder and offers a useful additional storage space with potential for further development.
Externally, to the front of the property there is a low maintenance garden with terraces well stocked with established plants and bushes.
The block-paved driveway to the side provides off-street for at least two cars.
The South facing rear garden is fully enclosed having an artificial lawn and provides access to both the conservatory and the workshop which has clear potential to be converted to a garage or further developed.
Local Authority, Council Tax Band Leeds City Council Council Tax Band C Tenure, Services & Parking Freehold All mains services; warm air heating Off-street parking for at least two cars
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 Rein Mews, Tingley, Wakefield, West Yorkshire, WF3
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