Here’s Property Insider’s 60 second briefing on why we think you should consider investing in Wakefield.
Where is it? Just south of Leeds at the junction of the M1 and M62.
How cheap is it? Cheapest property costs £40,000.*
How much rent can you earn? Average rent is £591 pcm.*
Is it famous for anything? Rhubarb, Barbara Hepworth and the Wakey Wonder Jane McDonald.
Why should property investors consider it? Cheaper to buy in than nearby Leeds but rents not lower in comparison. Excellent transport links make it a popular choice for business location helping to support the letting market.
* Figures from Zoopla at date of posting.
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