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See how verdicts work3-bedroom flat · LS29 8QU
Listing removedListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding three bedroomed apartment with lift access, enjoying far reaching views to the front and rear whilst also including a garage, off-street parking and access to a lawned communal garden.
Converted in the early 2000's, Margerison House is an exclusive development of apartments that make up this handsome period residence situated within a highly sought after and peaceful residential area, just a brief stroll from Ben Rhydding train station.
With gas central heating, the accommodation comprises: Ground Floor Communal Entrance A secure communal entrance with a newly installed video camera entry system. Lift and stairs to the upper floors.
First Floor Entrance Hall An inviting entrance hall including a fitted store cupboard, linen cupboard and a video intercom system that is linked to the communal entrance.
Sitting Room (5.74m (into bay) x 4.45m (18'10 (into bay) x 14'7)) A sizeable and striking room that is complimented by a bay window with stained glass that offers a beautiful outlook towards Askwith.
Glazed double doors flow through to: Dining Kitchen (4.75m x 4.34m (15'7 x 14'3)) A standout feature is the spacious and well-designed dining kitchen that provides ample space for a dining table and chairs, while taking in a view across the West side of Ilkley and towards Addingham Moorside.
Including a good range of base and wall units with coordinating granite work surfaces and tiled splashback.
Appliances include an integrated dishwasher, space for a range cooker, space for a fridge/freezer and plumbing for a washing machine.
Principle Bedroom (4.24m x 3.89m (13'11 x 12'9)) An ample double bedroom featuring an extensive range of recessed wardrobes, cupboards and drawers.
Two windows to the front elevation and a hatch that leads to a boarded loft.
En Suite (2.95m x 1.30m (9'8 x 4'3)) Comprising a walk-in shower with glass screen, hand wash basin within vanity unit, w.c and a heated towel rail.
Bedroom (3.73m x 2.34m (12'3 x 7'8)) Featuring fitted wardrobes and shelving plus two windows to the front elevation.
Bedroom/Study (2.34m x 2.18m (7'8 x 7'2)) Benefitting from a fitted desk and shelving as well as a window to the front elevation that provides a lovely South Easterly aspect.
Bathroom (2.49m x 2.18m (8'2 x 7'2)) Smartly presented and comprising a walk-in shower with glass screen, hand wash basin within vanity unit, w.c and heated towel rail.
Outside Garage (6.35m x 2.92m (20'10 x 9'7)) Approched via a tarmacdam driveway, the apartment includes a generous garage that is acessed via an up and over door and includes light, power and a mezzanine storage area.
Parking Space for one vehicle in front of the garage.
Communal Gardens To the rear of Margerison House is a well-maintained and West facing, principally lawned communal garden that features an abundance of mature trees and shrubs.
Tenure The property is held on a 999 year lease dated from 1st January 2006. Each leaseholder owns a share in the management company which in turn owns the Freehold.
Service Charge The current service charge amounts to £173.75 per month. Please Note The extent of the property and its boundaries are subject to verification by inspection of the title deeds.
The measurements in these particulars are approximate and have been provided for guidance purposes only.
The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order.
The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.
Mobile Signal/Coverage The mobile signal/coverage in this area can be verified via the following link: Money laundering, terrorist financing and transfer of funds regulations 2017 Money Laundering Regulations (Introduced June 2017).
To enable us to comply with the expanded Money Laundering Regulations we are required to obtain identification from prospective buyers once a price and terms have been agreed on a purchase.
Please note the property will not be marked as sold subject to contract until the appropriate identification has been provided.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 5 Margerison House, Margerison Road, Ilkley
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