1 bedroom flat for sale

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1 bedroom flat for sale

Woodlands Village, Wakefield, West Yorkshire, WF1
£42,500

Price History

Initial price £85,000
30/05/25 £42,500
Price Change -50.00%

Description

This one-bedroom top-floor apartment is available for purchase through the Shared Ownership scheme, with a 50% share available from £42,500, requiring a minimum 5% mortgage deposit of £2125. The property is located in the Woodland's Village development off Manygates Lane in Wakefield, with easy access to the city centre and motorway network. The apartment features an entrance hall, lounge, kitchen, one bedroom, and bathroom, with visitor parking and well-maintained communal gardens on site. The full market value of the property is £85,000, with the 50% share price being £42,500. The scheme allows for a part-buy, part-rent arrangement, where you purchase a share of the property using a mortgage and pay a subsidised rent on the remaining share. As you're ready, you can buy more shares until you own 100% of the property.