2-bedroom detached house · HG2 0NN
Listing removedReduced £50k (−9.1%) on 21 JunListed 260 days
Opportunity summary
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About
1 Wellington Square is situated in a quiet and little known backwater position, just off Cold Bath Road, in a prime location with a wide selection of facilities available within a short walk, as well as being close to the fashionable Montpellier Quarter, home to a variety of exclusive shops, pavement cafes, bars and award winning restaurants.
The property is also within a short walk of The Stray and Valley Gardens.
For the commuter, there is easy access to the business centres of Leeds, Bradford and York, the A1(M) is within 10 miles to the east and Leeds/Bradford Airport 13 miles to the south west.
In addition, frequent rail services operate from the nearby station to Leeds and York.
Believed to date back to 1848, the property is a charming three storey Victorian cottage which has been the subject of a comprehensive programme of renovation and restoration by the current owner, an Interior Designer by profession.
It now offers stylishly appointed accommodation of significant quality, character and appeal - this house really needs to be seen to be fully appreciated.
Articles featuring the property have recently appeared in several lifestyle magazines.
The accommodation is arranged over three floors and includes, on the ground floor, a fully fitted kitchen with adjoining dining room with a door leading to the garden.
There is also a pantry and utility cupboard. On the first floor is a landing, off which lies the lovely sitting room which enjoys views over the garden. Double doors, with steps, lead to the garden.
Also on the first floor is a bedroom and a cloakroom. Stairs from the landing lead up to the second floor where there is the principal bedroom which has a walk in wardrobe and an adjoining bathroom.
Outside, the property has a delightful flagged courtyard garden to the front, planted up with a variety of shrubs and plants together with interspersed seating areas.
Beyond the garden, down a short flight of steps, is a parking space, providing useful off street parking.
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.
Area
Agent & docs
FAQ
About 1, Wellington Square, North Yorkshire
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