3-bedroom house · LS21 1BA
Listing removedReduced £20k (−6.8%) on 20 JunListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with no onwards chain, one of Otley’s most imaginative upgraded and extended well-planned three bedroom accommodation arranged over four storeys with an enclosed flagged garden in a very central location in the heart of Otley centre.
As the photographs show this beautifully presented stone built mid terrace offers seamlessly blended period charm and stylish modern living.
The living space is arranged over four storeys with a superb ground floor sitting room featuring a multi-fuel stove and a quality fitted family kitchen with numerous appliances which has clearly been designed with both practicality and entertaining in mind, this floor also has a very useful downstairs WC.
There is a lower ground floor which is fully tanked and insulated and could be utilised for many things such as a home office, playroom or further living area.
To the first floor are two well proportioned bedrooms and the house bathroom, the larger of the two bedrooms also benefits from its own en-suite shower room.
The internal layout has been reconfigured to create a staircase to the second floor which has a further large bedroom with Velux windows, we understand the property is fully building and fire regulations compliant.
To the rear of the property is a well- presented low maintenance, fully paved enclosed courtyard garden.
The house is centrally located in the heart of Otley’s thriving town centre with its extensive shopping facilities, supermarkets, pubs, recreational and educational facilities.
The town is ideal for daily driving into the surrounding business centres of North and West Yorkshire and to the Leeds/Bradford International Airport at Yeadon.
There is a railway station at nearby Menston offering mainline links.
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 25, North Parade, West Yorkshire
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