New Housing Developments in Pontefract
Located just a 30-minute drive from Leeds, the historic market town of Pontefract provides both home buyers and investors a unique opportunity to purchase great value property in a key growth area. Bursting with charm and personality, and with redevelopment plans in the pipeline, there couldn’t be a better time to buy property in Pontefract.
Why buy property in Pontefract?
Positioned less than an hour away from Leeds and York, and just over an hour from Manchester and Sheffield, Pontefract is North Yorkshire’s convenient commuter town with a charming side.
Quirkily known as one of the original places where liquorice plants were cultivated, this ancient market town attracts visitors from around the world. Boasting everything from a world famous racecourse, a Haribo factory, historic streets, lively shopping and colourful carnivals, Pontefract is a little town with a lot to offer.
Redevelopments to the town are also set to take place within the next decade, improving on what’s already a successful and thriving town. According to the Wakefield.gov.uk website, “The Pontefract Vision 2028 is setting out the organisations’ shared priorities for the historic town, which will help guide development and steer projects into the next decade and beyond.”
Pontefract as an investment opportunity
Following in the footsteps of other commuter towns in the Northern Powerhouse such as Halifax and Doncaster, Pontefract looks set to become a key growth area over the next couple of years. Currently property in Pontefract is significantly undervalued compared to the UK overall. According to property market intelligence company Data Loft, current flat prices in Pontefract are up to 170% less than the UK as a whole, at an average price of £79.5k.
For homeowners, this presents a unique opportunity to buy a great value home which is set to increase in value, while buy to let investors can expect to see high yields on their investments.
Want to explore our property in other areas?
Take a look at our other properties, all located in key growth areas.