2-bedroom flat · WF1 3QF
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin and Co - Wakefield are pleased to present this stylish two bedroom ground floor apartment located in St Johns, an affluent and much sought after area of Wakefield.
Comprising of entrance hall, open plan lounge/kitchen that has a range of glossy white wall and base units and newly installed Island Unit/Breakfast Bar, integrated appliances including oven, hob, one double bedroom and one small single bedroom, bathroom with white suite and shower over the bath.
This apartment is modern but retains many original features.
Being recently refurbished including new flooring to lounge/kitchen diner, new carpets to hallway and both bedrooms and an Island Unit/Breakfast Bar to the Kitchen area, a further benefit includes secure and allocated gated parking for one vehicle accessed via remote control electric gate to the rear.
Please note the second bedroom is a small single with fitted wardrobes.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Wentworth Lodge, 3 Wentworth Terrace
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