2-bedroom flat · LS21 3AY
Listing removedReduced £10 (−0.7%) on 23 JulListed 153 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to rent one of three properties within this central otley landmark building. High attention to detail has been executed throughout this stunning conversion.
Early viewing essential.
Forming part of a superb conversion of this historic building within the centre of Otley, this two bedroom duplex apartment offers quality contemporary accommodation, yet retaining many original features including stone mullion windows etc.
Every possible attention to detail has been carried out including sound insulation and energy efficiency.
The stunning accommodation briefly comprises: Fully glazed entrance hall, open plan living/dining kitchen.
The kitchen is full fitted with all appliances including hob, oven, dishwasher, fridge freezer and washing machine and the living area does have an electric fire adding a focal point.
The main bedroom has wardrobes and a Jack and Jill en suite shower.The second bedroom also has an en suite shower room, wardrobes and interesting potential study area.
Externally the property has a communal courtyard area to the front as well as parking to the rear.
The property is connected to a mains electricity supply, with mains water and sewerage supplied by Yorkshire water. The broadband type available in the area is standard.
Mobile availability at the property is covered by all four major suppliers.
Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile.
**A holding deposit equivalent to one weeks rent (£320.00) will be taken once you have been provisionally accepted by the landlord (subject to references and contracts).
This holding deposit will not be returned, should you provide false or misleading information, fail a right to rent check, unilaterally withdraw your application or fail to take all reasonable steps to enter into a tenancy agreement within a reasonable timescale.
Deposit: £1609.00 council tax: C EPC rating: C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Apartment 2, The Old Grammar School, 16, Manor Square, Otley
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