2-bedroom flat · WF1 1JZ
To rentReduced £30 (−4.1%) on 11 SepListed 225 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NLG Property Management are proud to offer to the market these newly renovated two-bedroom flats, centrally positioned in the heart of Wakefield next to The Riding shopping centre, overlooking the stunning Wakefield Cathedral.
Not only is the property surrounded by a multitude of shops, supermarkets, restaurants and bars, it is also within a 10 minute walk from Wakefield Westgate train station.
The apartments are made up of; living area featuring a media wall, an open-plan kitchen equipped with an integrated fridge freezer and a washer dryer, and two generously sized bedrooms and one modern bathroom.
The apartment block does not offer parking, however, you can reserve a space in a private car park only 10 minutes walk from the property for £58 per month.
There are also multiple car parks near the property that offer free parking between the hours of 6pm-8am and free all day on Sundays.
Book your viewing now to have your pick of the two apartments on offer! PLEASE NOTE: NO PETS ALLOWED
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 Westgate, Wakefield, West Yorkshire, WF1
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