Wakefield, WF2 0EB | Investment Property for Sale | VES-WF2-002

Opportunity to purchase a HMO property in Wakefield with the potential to generate a net yield of 10.8%


HMO Terraced House




Based on

deposit: £71,250

stamp duty: £12,800

mortgage fees: £1,500

conveyancing fees: £1,000






The property





5 bedrooms

5 bathrooms

2 reception rooms


Fully Furnished

Property information

  • Fully HMO licenced
  • The property was fully refurbished, see below for more info
  • Works were completed in August 2023
  • 5 x bedrooms with ensuite bathrooms
  • Bedroom 5 comes with its own lounge
  • Shared kitchen
  • Shared dining room
  • EPC rating D
  • Council tax band A

Refurbishment information

  • The property was fully refurbished from a 6-bed HMO into a 5-bed HMO with ensuites
  • The works included:
    • Installation of grade A/D fire alarm system
    • Installation of emergency lighting
    • Electrical works
    • Plumbing works
    • New combi boiler
    • New bathrooms
    • New kitchen
    • New flooring throughout
    • Redecoration throughout
    • All required certifications and approvals

Rental information

The property is advertised to let, the following rents are expected to be achieved once fully let:

  • Rates: £118 average per week
  • Expected total rent pcm: £ 2,556,67
  • Expected total rent pa: £ 30,680

Running costs

The vendor provided the following expected running costs for the property:

  • Total cost pcm: £770.44
  • Total cost pa: £9,245.30

Location information

  • The property is located outside Wakefield town centre
  • The town centre is a 12-minute walk from the property
  • Wakefield Westgate railway station is 0.6 miles from the property
  • There is a local shop a short walk away
  • Easy access to the local road network


Please note that Vesta has not visited this property and that the vendor has provided all material.


Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Wakefield, West Yorkshire

Wakefield is a cathedral city in West Yorkshire on the eastern edge of the Pennines.

Wakefield is very well connected with the intersection of the M1 and M62 motorways nearby, connecting it with London to Leeds and Liverpool to Hull respectively. The A61, A638 and A642 roads cross here and the A636 and A650 roads start in the city.

Leeds Bradford Airport is around 19 miles north of the city.

The city has two railway stations, one is Wakefield Kirkgate station which lies on the Hallam, Pontefract and Huddersfield lines. It also runs some services to London King’s Cross. Wakefield Westgate station runs services to Leeds, Doncaster as well as stations towards London King’s Cross. Other train services go to Newcastle, Edinburgh, Birmingham and the South West. There are limited trains to Sheffield, Derby and Leicester. Trains to London take less than two hours.

Wakefield has a lot to offer for all ages such as The Hepworth Wakefield, Yorkshire Sculpture Park, National Coal Mining Museum for England, National Trust Nostell, Pontefract Castle. Other adventurous activities include windsurfing across the lake at Pugneys Country Park, Gravity Trampoline Park or the snow slopes at Snozone.

For outdoor enthusiasts there are 69 managed parks and wildlife areas in the district, perfect for cycling, walking and wildlife spotting. In 2017 Wakefield was ranked as the tenth-fastest growing city economy in the UK. Part of the success is credited to the city’s location, with excellent transport links, ongoing regeneration and popular tourist attractions. A push to further develop the education sector is expected to bring further boost to the city.

Lincoln Street,


West Yorkshire,



What makes us different?

Vesta’s sole purpose is to make buying and selling rental property easy for both landlords and tenants.

Benefits include:

  • Buy tenanted property
  • Huge choice for all budgets
  • View property performance data
Learn more >


Our sales team is standing by to help.

Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.

Vesta Property is a full member of the Property Ombudsman (TPO) and commits to TPO Codes of Practice

Chartered Trading Standards Institute - Approved Code

Authorised and regulated by the property ombusdman

Copyright © 2023 Vesta Global Limited. All rights reserved.