2-bedroom house · BD23 4EG
For saleListed 71 days
Opportunity summary
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About
An opportunity to acquire a two bedroom semi detached shared ownership property in the popular village of Long Preston. Externally there is a driveway to the front and an enclosed garden to the rear.
In more detail the property comprises: Hallway, with downstairs WC, door leading into the living room and stairs leading up to the first floor.
The living room is a well proportioned room with uPVC door leading to the rear garden.
The dining kitchen is to the front of the property and is fitted with a range of gloss wall and base units with integral stainless steel sink, electric oven and gas hob with extractor fan over.
Under counter space and plumbing for a washing machine and space for a fridge freezer. Stairs from the entrance lobby lead up to the first floor landing.
To the rear is a generous master bedroom which has splendid views over open countryside. To the front is a second double bedroom.
The contemporary bathroom comprises a white panel bath with shower over, white WC and wash hand basin with part wall tiling and chrome towel rail.
Externally to the front of the property is a private driveway and to the rear is a good sized enclosed garden.
Long Preston is a very active village community centered around the village hall, other amenities include a primary school, thriving Post Office and General Store, St.
Mary’s Parish Church, pub and a railway station, on the famous Settle-Carlisle line with trains to Lancaster and Carlisle or to Leeds with its frequent express service to London.
The market town of Settle is within approximately four miles and offers a wide range of shops and schools catering for all age groups.
The larger market town of Skipton is some eleven miles to the south. A bus service operates west to Settle, Kirkby Lonsdale & Lancaster and eastwards to Skipton.
Both West Yorkshire and East Lancashire business centres are within reasonable commuting distance and there is access to the motorway network at Preston.
Long Preston is within the Yorkshire Dales National Park and is surrounded by scenic countryside with immediate access to a variety of walks.
Services Mains Gas, Electricity, Water and Drainage are installed. Domestic heating from a gas fired boiler.
Parking Private driveway Tenure Leasehold 250 years from 2021 Rent £ 153.18 pcm Service Charge £ 44.56 pcm Total Charge £ 197.74 pcm Rent and service charges are reviewed annually, each April.
Are you eligible? This development is within the Yorkshire Dales National Park - and as an area of 'Outstanding Beauty' there is an 80% restriction on Staircasing.
The lease requires a purchaser to be approved by the Association and no sale can be completed without this approval.
The first stage is for you to confirm your eligibility for shared ownership via a Jigsaw Homes application form. This can be done online at the following website - .
Provided you are eligible for shared ownership then a more detailed financial assessment is completed on behalf of the Association by Metro Finance.
Any buyer can only be approved upon completion of the assessment process. Priority will be given to buyers with a local connection. From Settle on the A65 towards Skipton.
On entering Long Preston continue through until you reach the Maypole Pub on the left hand side. Turn left immediately after, continue for 100 yards then take the next left onto Greengate Lane.
The properties can 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.
Area
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FAQ
About 7, Hill Croft, Skipton
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