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See how verdicts work1-bedroom flat · LS29 8UW
For saleReduced £20k (−36.4%) on 14 OctListed 623 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a southerly aspect and elevated views over the beautifully landscaped communal gardens and Ilkley Moor beyond, this luxury one bedroom first floor apartment forms part of this highly desirable and purpose built over-70s McCarthy & Stone retirement development.
Forming part of this popular and highly regarded purpose-built retirement development for the over 70s and offering a range of additional amenities is this fantastic first floor apartment.
The accommodation briefly comprises an entrance hall with useful storage cupboard, a double bedroom with walk in wardrobe, luxury wet room, modern fitted kitchen and reception room with top of the range electric fire and Juliet balcony enjoying a southerly aspect and elevated views from the lounge, kitchen and bedroom windows over the communal landscaped gardens and Ilkley Moor beyond.
This smartly appointed one bedroom apartment with lift access forms part of the well regarded McCarthy and Stone development offering excellent facilities for the over 70's including social lounge, on-site bistro restaurant, 24 hour manager, laundry, one hour domestic assistance a week and guest suite for friends.
Flexible care packages are also available.
The development is conveniently placed for Ilkley town centre with its excellent range of shops, restaurants, cafes and general amenities, and Ilkley railway and bus stations provide regular rail services to Leeds/Bradford city centres and buses to surrounding towns.
There are pleasant walks to be enjoyed along the River Wharfe, through the woodland, moorland and countryside surrounding the town and the Yorkshire Dales National Park is less than six miles away.
Agents Notes: Tenure The property is leasehold with the balance of a 999 year lease from and including 01 June 2017. Annual service charge for 2025: £9277.69 per year paid monthly at £773.14.
Annual ground rent for 2025: £435 per year paid in two 6 monthly instalments. The resident must be over 70 years of age. Permission of the landlord is required to keep pets.
Local Authority & Council Tax Band The City of Bradford Metropolitan District Council, Council Tax Band D Services Water and electric are installed. Electric heating.
There is no gas to the property. Parking Residents car park. No allocated parking Internet and Mobile Coverage The Ofcom website shows internet available from at least 1 provider.
Outdoor mobile coverage (excl 5G) likely from at least 1 of the UK’s 4 main providers.
Results are predictions not a guarantee & may differ subject to circumstances, exact location & network outages.
Flooding Check for flooding in England - indicate the long term flood risks for this property are: - Surface Water - Very low; Rivers & the Sea - Very low; Groundwater - Flooding from groundwater is unlikely in this area; Reservoir - Flooding from reservoirs is unlikely in this area.
From Dacre Son and Hartley’s Ilkley office, proceed down Brook Street before taking the first turning right onto Railway Road.
Shortly after the road bears to the left, the development will be found on the right hand-side.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 24 Chesterton Court,, Railway Road, West Yorkshire
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