Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · WF4 6JA
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE VIA MODERN METHOD OF AUCTION An excellent opportunity to purchase a spacious three-bedroom end-terraced property, offered for sale via the Modern Method of Auction.
Representing fantastic value for money, this property is one of the cheapest three-bedroom homes currently on the market, making it an ideal choice for first-time buyers, families and investors alike.
Recently repainted throughout, the property is ready to move into and benefits from double glazing, central heating, an enclosed rear garden and a useful outbuilding to the rear.
Upon arrival, you are welcomed by a small front garden leading into a spacious lounge, providing a comfortable space to relax.
To the rear of the property is a good-sized kitchen/diner, offering plenty of room for cooking and dining. To the first floor are two well-proportioned double bedrooms and the house bathroom.
The second floor boasts a further double bedroom, providing additional space for a growing family, guests or those needing a home office.
Externally, the property benefits from an enclosed rear garden, offering a degree of privacy and outdoor space to enjoy, along with a useful outbuilding providing additional storage.
With three double bedrooms, generous living space and the benefit of being ready to move into, this property is a fantastic opportunity for anyone looking to secure a home at an affordable price.
Offered via the Modern Method of Auction, early viewing is highly recommended to appreciate the space and value on offer. Don’t miss out on this fantastic opportunity!
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
Lounge Spacious lounge with featured fire place, double glazed window and central heating raidator Kitchen/diner Large kitchen/diner with base and wall units with built in oven, hob, extractor, space for washing machine, double glazed window , UPVC door and large dining area Bedroom Double bedroom with double glazed window and central heating radiator Bedroom Double bedroom with double glazed window and central heating radiator Bathroom 3 Piece suite in white with shower above bath, toilet and sink .
With central heating radiator and double glazed window Bedroom Double bedroom with double glazed window and central heating radiator Outside To the front is a small garden and to the rear is a patio area leading to outbuilding perfect for an office and gravelled area
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Medlock Road, Horbury, Wakefield, West Yorkshire, WF4
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