1-bedroom flat · WF1 2RW
Listing removedListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
On Cyprus Street in Wakefield is this charming second-floor flat which offers a delightful living experience, perfect for individuals or couples seeking a comfortable home.
Built in 2006, the property boasts a modern design and is bathed in natural light, creating a warm and inviting atmosphere.
Upon entering, you are greeted by a welcoming entrance hall that features a utility area, complete with plumbing for a washing machine.
The telephone entry system and skylight add to the convenience and brightness of the space.
The flat comprises one spacious bedroom, a well-appointed shower room, and a generous living room that seamlessly integrates with the kitchen area.
The living room, measuring 15'9" by 12'10", is a lovely open-plan space adorned with neutral decor and carpet flooring, making it an ideal setting for relaxation or entertaining guests.
The kitchen is fitted with stylish wood effect units, contrasting work surfaces, and essential appliances, including an integrated oven and hob.
There is also space for an under-counter fridge freezer, ensuring practicality for everyday living.
The shower room is thoughtfully designed, featuring a shower cubicle, a hand wash basin set in a wall unit, and a WC, all finished in neutral tones with a Velux window that enhances the natural light.
The bedroom, measuring 13'9" by 9'2", continues the theme of comfort with its neutral decor, carpet flooring, and spotlights to the ceiling, creating a serene retreat.
Located on the outskirts of St Johns and Wrenthorpe, this flat is within walking distance of local amenities and the vibrant Wakefield City Centre.
Commuters will appreciate the easy access to Westgate train station and other transport links.
With a Council Tax Band of A and an EPC Grade of D, this property represents an excellent opportunity for modern living in a convenient location.
The property is currently tenanted at £650pcm but can also be sold with vacant possession.
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
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FAQ
About 1 Cyprus Street, Wakefield, WF1
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