Summary - 4 Stockbridge Way, WAKEFIELD WF1 2FQ
1 bed 1 bath Commercial Property
Income-producing FRI-let commercial property offered at auction with strong connectivity and redevelopment potential..
Tenanted on FRI lease generating £2,450 pcm
Auction sale at discounted guide price — sale likely conditional
Current use: residential child care unit — change of use may be needed
Garage parking, garden and decent plot size
Excellent mobile signal and fast broadband connectivity
Tenure details not provided — buyer to verify
High local crime reported despite affluent area classification
Comparable nearby sales cited at £725k and £700k
This property at 4 Stockbridge Way is offered as a tenanted commercial lot with immediate income. It is let on a full repairing and insuring (FRI) lease producing £2,450 per month, presenting a clear rental return for an investor prepared to purchase at auction. The vendor is marketing the lot at a discounted guide to encourage an auction sale, so pricing and yield are contingent on achieving the guide price.
The building has been used as a residential child care unit and is described as having multiple bedrooms, living areas, a garage and a garden. If a change of use is required for a purchaser’s intended business, buyer enquiries should confirm planning and licensing requirements. Tenanted status under an FRI lease means the incoming owner will have limited immediate access to redevelop or relet without agreement with the existing tenant.
Practical positives include strong digital connectivity (excellent mobile and fast broadband), a decent plot with garden and garage parking, and proximity to local amenities, schools and transport links in West Yorkshire. Comparable nearby sales are cited at £725,000 and £700,000, which the listing uses to indicate local market strength.
Material drawbacks are clear: the sale will be via auction and is being offered at a discount to ensure sale, tenure details are not provided, and there are area flags to consider — reported high crime levels despite an otherwise affluent classification. Buyers should carry out full due diligence on lease documentation, planning/use permissions, and local property condition before bidding.
Mixed use property for sale in 4 Stockbridge Way, Wakefield, West Yorkshire, WF1 2FQ, WF1 — £425,000 • 1 bed • 1 bath
Commercial property for sale in Leeds Road, WAKEFIELD, WF1 — £185,000 • 2 bed • 1 bath
5 bedroom detached house for sale in 4 Barratts Road, Wakefield, West Yorkshire, WF1 3RT, WF1 — £365,000 • 5 bed • 3 bath • 2050 ft²
2 bedroom terraced house for sale in Leeds Road, Wakefield, WF1 — £185,000 • 2 bed • 1 bath • 904 ft²
6 bedroom detached house for sale in 6 Barratts Road, Wakefield, West Yorkshire, WF1 3RT, WF1 — £435,000 • 6 bed • 6 bath • 3221 ft²
3 bedroom terraced house for sale in 10 St. James Park, Wakefield WF1 4EU, WF1 — £85,000 • 3 bed • 1 bath • 689 ft²
