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Flat 14, George House, George Street, Wakefield, West Yorkshire WF1 1NH

Marketed by:

Auction House West Yorkshire

Auction House West Yorkshire

Redvers Cl, Leeds LS16 6QY, UK

0113 393 3482

Unsold

1 Bed Studio Flat - Flat 14, George House, George Street, Wa

Flat 14, George House, George Street, Wakefield, West Yorkshire WF1 1NH

Unsold

£55,000+

Key Features


  • 1 Bed Studio Flat

  • Guide price £55,000+

  • Current status: For Sale

  • Suggested strategy: Buy-to-Let


Description


1 Bed Studio Flat at Flat 14, George House, George Street, Wakefield, West Yorkshire WF1 1NH. Offered in Auction House West Yorkshire's livestream auction on 9 September 2026. Current catalogue status: For Sale.


Location


Located at Flat 14, George House, George Street, Wakefield, West Yorkshire WF1 1NH. The full postcode has been retained for mapping and due-diligence checks.


Investment Analysis


Investment Snapshot


Guide Price

£55,000+

Refurbishment / Works Budget

HB indicative £5,000–£15,000

Purchase + Works

£60,000–£70,000

Estimated GDV / Value

£66,000–£82,500

Estimated Private Rent

£550–£850 pcm

Potential Annual Rent

£6,600–£10,200 pa

Gross Yield on Guide

12.0%–18.5%

Suggested Strategy

Buy-to-Let


Strategy Recommendation


Initial strategy: Buy-to-Let. Set a maximum bid only after reviewing the legal pack, condition, finance, achievable rent and local sold evidence.


Works Required


Obtain a survey and contractor quotations. Allow for services testing, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, common-parts or external works identified.


Rental & Market Context


HB rent and value ranges are appraisal estimates unless an auctioneer-stated rent is noted above. Verify with current local letting evidence and comparable completed sales.


Sold within approximately 5 miles


Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition before bidding.


Potential BRRR Position


Refinance potential depends on completed condition, lender valuation, tenure and rental stress testing. Commercial, land and multi-unit assets may require specialist lending.


Flip Analysis


Indicative gross spread before transaction and finance costs is approximately £-4,000–£22,500. This is not profit and excludes SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.


Investor Risks & Due Diligence


  • Read the full legal pack and special conditions

  • Verify tenure, occupancy, planning and title restrictions

  • Inspect condition and obtain contractor quotations

  • Confirm finance and insurance availability

  • Verify rents and recent sold comparables

  • Allow for administration charges, buyer premiums and disbursements


Recommendation


Proceed only where verified total project cost supports the intended buy-to-let strategy with adequate contingency and margin.


Strategy Rating


Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆


Auction Details : 

Auction House West Yorkshire

Auction Date : 

09/09/26

Lot Number : 

016

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

Flat 14, George House, George Street, Wakefield, West Yorkshire WF1 1NH

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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