Summary - 2 Berners Street WF1 4DY
1 bed 1 bath Not Specified
Chain-free investment with strong current income and refurbishment upside.
Five double bedrooms across multiple floors suitable for multi-let or HMO conversion
Two kitchens and two bathrooms — flexible rental or occupant arrangements
Approximate annual income £16,000; gross yield circa 10%
Chain-free sale by online auction; sold as seen, no inspection carried out
Roof damage noted; maintenance and repairs likely required
Solid brick walls assumed uninsulated; upgrade insulation recommended
Area records very high crime and very high deprivation — lettings risk
Small plot with front and rear gardens; limited external space
A substantial five-double-bedroom Victorian terrace arranged over multiple floors, offered chain-free and by online auction. The property currently produces an approximate annual income of £16,000, giving an indicated gross yield around 10% — a clear draw for rental investors seeking immediate income in Wakefield city centre.
Accommodation includes two separate kitchens, two bathrooms and eight main rooms overall, providing flexible layout potential for multi-let or HMO conversion (subject to consents). Period features such as high ceilings and a bay window remain, while double glazing was installed post-2002 and heating is via mains gas boiler and radiators.
Buyers should note material negatives plainly: the area records very high crime and significant deprivation, which can impact lettings and resale. Roof damage is flagged in image notes and the property has solid brick walls assumed without insulation — further repair and insulation work is likely. Tenure is unknown and the property has not been inspected; purchasers will buy largely on information provided and auction terms apply.
This lot suits experienced landlords or developers able to manage refurbishment, compliance and local letting risk. With No Upper Chain and immediate income, it offers quick entry to income generation, but budget for remedial works, insurance and possible regulatory upgrades (EPC D currently).
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