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See how verdicts work2-bedroom flat · LS29 6FU
No longer listedListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented, second floor apartment, located in the sought-after housing development- High Royds, Menston.
The property boasts a lovely balcony for that little bit of outdoor space perfect for Alfresco dining.
The apartment comes with two allocated parking spaces and briefly comprises of; Entrance hallway with intercom phone system, an invaluable cloak room, along with separate cupboard which houses the boiler but allows plenty of room for further storage.
Open plan Lounge / Kitchen with double doors leading to the balcony.
The modern fitted kitchen comes with complimentary work surfaces, integrated fridge freezer, gas hob, fitted oven extractor fan, and integrated washer dryer.
Two double bedrooms and house bathroom with three-piece suite and electric shower over the bath.
High Royds is a prestigious development which is close to many highly regarded schools, two train stations offering regular services to Leeds, Bradford, Ilkley and other surrounding villages and within walking distance to both Menston village and Guiseley town centre.
Leasehold Information Lease: freeholder's pack states 999 years from 2006 (979 years remaining).
NOTE: Trinity's records say 125 years from 1/1/2007 — the conveyancer should verify the term against the title/lease; either way there is no short-lease issue.
Ground rent: £250 per annum, payable twice yearly in advance (1 Feb / 1 Aug), account fully up to date. Subject to review — next review 01/01/2027, basis stated as Market Rent Review.
Service charge: £2,305.20 per annum. Should you wish to proceed with an offer on this property, we are obligated by HMRC to conduct mandatory Anti-Money Laundering Checks.
We outsource these checks to our compliance partners at Coadjute and they charge a fee for this service.
" " By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £45 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Please contact the office if you have any questions in relation to this. " EPC rating: C. Tenure: Leasehold,
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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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 Norwood Drive, Menston, Ilkley, LS29
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