2-bedroom semi-detached house · LS21 2DJ
Sold STCListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A development opportunity requiring refurbishment, with a large south-facing garden and offered for sale with no onward chain.
This two-bedroom end-of-terrace property offers an excellent opportunity for buyers looking for a project, investor or developer seeking a property with scope to create a modern home in residential area of Otley.
The accommodation is arranged over two floors and currently comprises an entrance hall, spacious living/dining room and kitchen to the ground floor.
To the first floor are two good-sized bedrooms, a bathroom and landing. Potential for loft conversion.
The property now requires comprehensive refurbishment throughout, providing the opportunity for the new owner to remodel and modernise the accommodation to suit their own requirements.
The generous living/dining room has a feature fireplace with a woodburning stove and doors opening directly onto the rear garden, while the kitchen provides access to the outside.
There is off street parking for two cars on the drive.
A particular feature is the large south-facing rear garden, offering excellent outdoor space and considerable potential to create an attractive garden for entertaining and family use.
The plot may also appeal to those considering future alterations or extension, subject to the necessary planning permissions and building regulations. There is a useful outbuilding.
The property is offered with no onward chain, making it an interesting proposition for buyers looking for a renovation project in Otley. Notes: EPC tbc. Council tax £1,776.23 p.a.
Location Weston Drive is a popular residential area of Otley, with local shops, amenities and green spaces within easy reach.
Otley town centre provides a good range of independent shops, supermarkets, cafés, restaurants, pubs and everyday services.
Recent properties on Weston Drive have also highlighted the area's proximity to local amenities and transport links.
There are regular bus services from the surrounding area, while Menston and Burley-in-Wharfedale railway stations are approximately 4 miles away providing access to the wider rail network.
Otley is situated within the Wharfe Valley and is well placed for access to Leeds, Bradford and Harrogate, while the surrounding countryside provides excellent opportunities for walking and outdoor activities
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 118, Weston Drive, Otley
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