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See how verdicts work1-bedroom flat · LS21 1RL
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no chain ** Located in the heart of the town this well presented first floor one bedroom apartment forms part of the highly regarded Chevin Court development designed for the over 60's benefitting from a communal lounge, laundry room and pleasant gardens.
An opportunity to purchase this lovely first floor apartment which can be reached via stairs or lift with only a few steps to navigate from the lift to the front door.
As the photographs demonstrate this apartment has been well cared for over the years and provides comfortable living space ideal for a couple or single person and benefits from a security entry system.
There is a pleasant sitting room with feature window providing lots of natural light. The kitchen is smart with a good range of units and integrated appliances.
There is a double bedroom and shower room. There are useful storage cupboards in the hall as you can see from the floorplan, ideal for coats, shoes and utility items.
Chevin court has 32 apartments in total and offers a wide range of activities for residents including coffee mornings, craft clubs and keep fit sessions all managed by a dedicated house manager.
There is a comfortable communal lounge where residents can socialise if desired as well as a laundry room.
Outside are pleasant communal gardens providing several sitting out areas and residents parking is available (ask agent).
As previously mentioned you can't get any more central than Chevin Court, the bus station is a short walk across the road and all local shops are within easy walking distance.
Otley has a good selection of medical centres, places of worship, cafes and restaurants. Menston train station is a short drive away if required.
Local Authority & Council Tax Band • Leeds City Council • Council Tax Band C • Conservation Area Tenure, Services & Parking • Leasehold - 125 Year lease from 1st January 1991 (Ask Agent for service charges) • All mains services.
Electric heating/night storage.
• Residents parking (ask agent) Internet & Mobile Coverage For information on Internet and Mobile coverage access the Ofcom website from this link Flooding For information on flood risks please use this link Check for flooding in England - Leave Dacre, Son & Hartley Otley office in an easterly direction along Bondgate and take the second turning left onto Crossgate.
At the traffic lights turn right onto Boroughgate where the property will be immediately seen on the left-hand side.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 5, Chevin Court, West Yorkshire
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