Elvey Street, Wakefield, WF1 3PP
Listed 24 Mar 2026 · price reduced 31 Aug 2026 · Wakefield
How the price compares
Key features
- HMO Investment Potential
- Potential to convert
- High yield investment
- Basement
- Loft space
- Garden / Yard
- Free on street parking
- Spacious Accommodation Throughout
About this home
A fantastic opportunity to acquire a substantial four-level terraced property extending to approximately 1,170 sq ft, offering exceptional flexibility for investors and owner-occupiers alike.
The property is currently let on a room-by-room basis, generating a gross rental income of approximately £2,060 per calendar month when fully occupied, making it an attractive income-producing investment from day one.
Arranged over four levels, the accommodation offers generous room sizes, a useful basement and a versatile layout with excellent scope for future enhancement or reconfiguration, subject to any necessary consents. Equally, the property could be adapted into a spacious family home, offering buyers the opportunity to modernise and personalise to their own requirements.
Ideally positioned within easy reach of Wakefield city centre, the property benefits from excellent access to local amenities, supermarkets, schools, public transport and major road links, ensuring continued appeal to both homeowners and tenants.
Whether you are an investor seeking an established rental property with strong income, or a buyer looking for a spacious home with excellent potential, this versatile property represents an outstanding opportunity.
Key Features
- Approximately 1,170 sq ft of accommodation arranged over four levels - Currently let on a room-by-room basis - Generating approximately £2,060 PCM gross rental income when fully occupied - Spacious and versatile layout - Useful basement providing additional storage or ancillary space - Excellent investment or family home opportunity - Scope to enhance or reconfigure (subject to any necessary consents) - Convenient location close to Wakefield city centre, local amenities and transport links - Offered chain free
Property details
- Property type
- Terraced
- Size
- 1,170 sq ft / 109 sq m
- Tenure
- Freehold
- Garden
- Yes
Floorplan
Location
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1 on this map
- Wakefield Westgate Station0.6 mi
- Wakefield Kirkgate Station0.7 mi
- Sandal & Agbrigg Station1.9 mi
What nearby homes sold for
Median sold prices in WF1 over the last 12 months: semi-detached £225k · detached £350k · terraced £171k · flat £105k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 1 Elvey Street Wakefield WF1 3PP | Terraced Freehold | 28 Aug 2024 | £225,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in WF1
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by TAUK, Covering Nationwide on Rightmove (original listing). First listed 24 Mar 2026; details checked 7 Nov 2026. Latest change: reduced on 31/08/2026.
Agent disclaimer
Disclaimer - Property reference RX735619. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TAUK, Covering Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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