2-bedroom flat · WF1 5LR
For saleListed 408 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
!! SHARED OWNERSHIP !! Two bedroom ground floor apartment available to purchase at a 50% share from £55,000 with a minimum 5% mortgage deposit of £2750. Call today to arrange your appointment to view!
Located in the woodland’s village development off Manygates lane in Wakefield. This spacious ground floor two bed apartment.
The property offers entrance hall, lounge, kitchen, two bedrooms and a bathroom. The property benefits from visitor parking on site and well-maintained communal gardens.
The property is closely located to Wakefield city centre with great transport links and access to the motorway network.
Full Market Value: £110,000 50% Share Price: £55,000 Rent on un-owned share £126.04 PCM (2.75% of the unowned share) *The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Lease length: 125 Years from 1st January 2006
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Woodlands Village, Wakefield, West Yorkshire, WF1
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