BTL Wilson
Property Overview
Type: 2-Bedroom Terraced House
Location: Castleford, West Yorkshire
Year of Purchase: 2023
Purchase Price: £100,000
Refurbishment: Light
Gross Development Value (GDV): £120,000
Rental Income: £675 per month
Why This is a Strong Long-Term Investment – Thorough Due Diligence Conducted Pre-Purchase
Proven Capital Growth
14% capital growth in the last 5 years, with 4% growth in the previous year alone - a clear sign of an area on the rise.
The average sold price for a 2-bedroom house in the area in the past 12 months is £119,000.
Prime Location & Accessibility
Castleford train station is just 410 yards away, providing excellent transport links.
Healthcare facilities nearby:
4 GP practices within 1 mile (closest just 350 yards away).
3 dentists in the area, one 350 yards away.
Education:
8 schools within 1 mile.
Half Acres Primary Academy – rated ‘Great’, is the closest.
Castleford Academy – rated ‘Excellent’, only 0.7 miles away (less than a 5-minute drive).
Desirable Lifestyle & Amenities
Castleford Tigers RFC Stadium is just 0.4 miles away.
Xscape Yorkshire (a major entertainment hub) is just over 2 miles away (10-minute drive).
Strong Market Demand & Investment Potential
69% of properties in the area are Sold STC, with only 31% available, demonstrating high demand and low supply.
Growing affluence:
11% of residents fall into the AB Social Grade.
Average household income: £33,800 (above the national average of £30,000).
Thriving development:
£10.5 million+ worth of extensions, new housing, and commercial developments.
94% planning approval rate - indicating strong local authority support for growth.
High rental demand:
30% of homes in the area are private rentals, nearly double the national average (16%).
With strong capital appreciation, high demand, and ongoing investment in the area, this property presents a fantastic long-term single let with steady rental income and strong future growth potential.
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