2-bedroom flat · LS29 8AX
Listing removedListed 131 days
Opportunity summary
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About
Set within this popular development, centrally located only a short walk from many of the amenities and transport links found within the town centre is this this two-bedroom ground floor apartment having communal grounds and allocated parking space, available with no chain.
Ideally positioned, only a short walk away from many of the amenities found within the town centre, including the convenience of Booths supermarket, is this two bedroom ground floor apartment that is now in need of a degree of updating.
The property consists of a private entrance hall with storage cupboard leading into a living room with kitchen off, bathroom, a double bedroom and second bedroom with fitted cupboard.
Outside, the property is set within communal gardens and has the advantage of an allocated parking space.
The property is situated in the former Victorian spa town of Ilkley, amidst some of Yorkshire’s most dramatic scenery with the rugged moors contrasting with sweeping woodland and delightful riverside meadows.
This stunning setting affords excellent commuter links with many of the region’s business centres including Leeds and Bradford, Harrogate and the East Lancashire conurbation.
The town’s railway station provides regular services throughout the day into both local cities, and from Leeds there are frequent connections to London Kings Cross.
A local international airport is just some 11 miles or so from the town.
Ilkley is well known for its first class shopping and this is complimented by a comprehensive range of social and recreational amenities, including very popular sports clubs which cater for a wide array of tastes.
Many of these amenities are within comfortable walking distance of Nelson Court. Agents Notes: The property is located within the Ilkley conservation area.
Local Authority & Council Tax Band: The City of Bradford Metropolitan District Council Council Tax Band B Tenure: Leasehold Terms of lease: 125 years from 27 November 2015 Annual ground rent: £145 Annual service charge: £420 paid at £35 per calendar month - reviewed annually.
There is a service agreement for the 9 flat owners in the development who have formed a committee which has run for 5 years. The lease permits the keeping of domestic pets.
Services: All mains services installed with gas fired central heating Parking: One allocated parking space From our office in the centre of town proceed down Brook Street, over the level crossing and then turn immediately right just before Costa Coffee onto Brewery Road.
Continue ahead past a small car park before turning left onto Nelson Road.
Head to the bottom of Nelson Road where the property will be found on the right-hand side, through the parking area, and identified by a Dacre, Son & Hartley for sale board.
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 13, Nelson Court, West Yorkshire
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