Westfield Road

Property Overview

56 Westfield Road presents a rare opportunity to acquire a freehold, income-producing property in the heart of Hemsworth. This three-bedroom end terrace has been cleverly converted into two self-contained residences – offering immediate rental income and strong long-term capital appreciation potential.

Property Configuration

1. Basement Apartment (Rear Access)

• 1-bedroom apartment with its own private entrance and utilities.
• Currently let at £450 pcm.
• Recently upgraded with base tanking and insulation (3.5 years ago), ensuring dry, comfortable accommodation for tenants.

2. Main Residence (Ground & First Floors)

• Two-bedroom house with one bathroom.
• Spacious living area, modern kitchen and bright interiors.
• Currently let at £600 pcm to reliable, long-term tenants.

Combined Gross Rental Income: £1,050 pcm / £12,600 per annum

Investment Highlights

• Freehold property – no ground rent or service charges.
• Two separate income streams – diversified and stable.
• All rental payments up to date with tenants under contract until February 2026.
• Experienced landlord with a strong track record of retaining good tenants.
• Recent works completed:
  • Roof, gutters, and full pointing (18 months ago).
  • Apartment base tanking and insulation (3.5 years ago).
  • Full living room gable-end wall tanking (3.5 years ago).

Reasons to Invest

1. Strong Immediate Yield
   With a combined £1,050 pcm rental income, investors benefit from an attractive gross yield on a freehold property with minimal upcoming maintenance.
2. Proven Tenancy History
   Both units are occupied by reliable tenants under contract until 2026 – offering peace of mind and stable returns from day one.
3. Capital Growth Potential
   Hemsworth and the surrounding Wakefield area have seen steady property price appreciation in recent years, driven by regeneration, excellent commuter links, and growing rental demand. With a limited supply of well-maintained multi-unit properties, future resale prospects are strong.
4. Low Maintenance Costs
   Major works (roof, gutters, pointing, tanking) have all been completed within the last 3.5 years, reducing near-term expenditure.

Location

Situated on Westfield Road, this property benefits from proximity to local amenities, schools, transport links, and employment hubs. Hemsworth offers an attractive blend of affordability and accessibility, ensuring consistent tenant demand.

Financials at a Glance

Total Gross Income: £1,050 pcm / £12,600 pa

Net Yield: 10.5%

Why Now Is the Time to Buy

• Rental demand in West Yorkshire is at record levels, with rents rising annually.
• Mortgage rates are stabilising, improving investor confidence.
• Long-term tenants reduce turnover and void costs.
• Scope to enhance rental returns with minor upgrades in future.

Summary

This is a turn-key investment opportunity offering immediate income, long-term tenancies, and future capital appreciation potential. With all major works completed and the security of a freehold title, 56 Westfield Road is an ideal acquisition for seasoned investors or those seeking a first step into multi-unit property ownership.

Get in touch with the team