Summary - 12 WOOD STREET CASTLEFORD WF10 1LJ
2 bed 1 bath Terraced
Let property with immediate rental income and modest refurbishment upside.
Two-bedroom Victorian mid-terrace on freehold title
A straightforward buy-to-let in central Castleford, offered with an existing tenancy and immediate rental income. The property is a two-bedroom mid-terrace on freehold title, with spacious room proportions for the type and potential to raise rent to market level.
The current gross income is £7,080 per year, with a realistic uplift to around £7,800 at market rent. Rooms are in generally good order internally but the exterior shows wear (paint and brickwork patching) and the property will suit an investor or developer prepared for light maintenance or cosmetic refurbishment.
Notable negatives are the location’s high crime statistics and very deprived local area classification; these factors will affect tenant demand and long-term capital growth. The plot is small and there is limited private outdoor space. Overall this is a practical, income-producing purchase for a buyer focused on yield and hands-on portfolio improvement.
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