3-bedroom house · LS21 2FF
Listing removedListed 66 days
Opportunity summary
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About
This lovely home is offered with 35% shared ownership. The remaining 65% is owned by Yorkshire Housing. The rent to pay is £734.39 per month.
£25 per month service charge which includes building insurance. There is the opportunity to purchase more shares up to 100%. The full price is £440,000.
Eligibility for shared ownership: Annual earnings of less than £80,000.
You must be purchasing the property to live in, have no other home ownership (unless sstc) and unable to afford the property on the open market. Contact Janet the agent, for further information.
Outside There is a driveway providing off-road parking and access to the garage. Electric charging point. There is a lawn to the front.
Ground floor Entrance Hallway The front door opens into a welcoming entrance hallway, with stairs to the first floor and access to the guest WC.
Guest WC Conveniently positioned off the entrance hallway, the guest WC serves the ground-floor accommodation.
Lounge Located at the front of the property, the lounge provides a comfortable living space and benefits from useful understairs storage. A door leads through to the dining kitchen.
Dining Kitchen The spacious dining kitchen is fitted with a range of wall and base units, complemented by contrasting work surfaces.
Features include an inset stainless-steel sink with drainer and mixer tap. Integrated appliances include a hob, oven and an extractor hood.
There is plumbing for a washng machine and dishwasher and space for a fridge freezer. There is a window over the rear elevation and French doors open directly onto the garden.
The kitchen is perfect for family dining and entertaining. First floor The first-floor landing provides access to two double bedrooms and the house bathroom.
A further staircase rises to the second floor. Bedroom Two A well-proportioned double bedroom offering ample space for bedroom furniture.
Bedroom Three A second comfortable double bedroom benefiting from an open aspect towards farmland.
House Bathroom The first floor is served by a modern house bathroom with a bath and a shower over, wash hand basin and W.C.
Second floor The second-floor landing features a useful walk-in wardrobe, providing valuable additional storage.
Master Bedroom Occupying the top floor, the master bedroom is a generously sized and private retreat with access to its own en-suite shower room. With long distance views towards countryside.
En-Suite Shower Room A good-sized en-suite shower room serves the master bedroom.
Rear Garden To the rear is a well proportioned garden with a patio and a lawn ideal for relaxing, entertaining and family life. The garden also has an outside tap and provides access to the garage.
Garage The garage benefits from light and power. There is an up and over door to the front and a door to the rear. Notes EPC rating: B. Council tax D £2,271.51 p.a.
Lease Term 125 years from and including 29 November 2019. Remaining 118 years Broadband (estimated speeds) Standard 7 mbps.
Superfast 56 mbps.Ultrafast 1800 mbps Flood Risk: Rivers & Seas Very low.
Surface Water Very low Location The property is situated in a residential area of Otley, a popular market town offering a wide range of independent shops, supermarkets, cafes, restaurants, schools and leisure facilities.
The surrounding Wharfe Valley provides attractive countryside and opportunities for walking and outdoor recreation.
Otley is well placed for travel to Leeds, Bradford, Harrogate and neighbouring towns. Burley-in-Wharfedale is the closest railway station, while Leeds Bradford Airport is approximately four miles away
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 3, Wharfe Meadow Avenue, Otley
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