2-bedroom bungalow · LS29 6JW
Listing removedReduced £15k (−3%) on 21 JunListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity to purchase a deceptively spacious and significantly improved two bedroom detached bungalow in the much sought after and highly regarded village of Menston.
This most significantly improved and deceptively spacious home has stylish, light and airy accommodation which has all been recently decorated creating a welcoming feel for the new owner to move straight in.
The accommodation comprises of an entrance door which leads into the stylishly appointed dining kitchen with a range of contemporary wall, base and drawer units with complementing work surfaces over.
Integrated appliances include a dishwasher and electric oven with electric hob and extractor over.
The dual aspect dining kitchen has a great deal of natural light with the window to the rear elevation being a half bay and quality wood effect LTV flooring creates a lovely modern feel.
In the centre of the bungalow there is a really useful dining hall which could equally be used as a home office or study with a window to the side elevation.
The spacious lounge is at the rear of the property and has an ornamental fireplace with an inset wood burning stove and a marble hearth and slips.
A large half bay window overlooks the rear garden and double doors lead out onto the patio and a feature window to the provides further natural light.
The two bedrooms are at the front and are lovely light rooms, both having dual aspect windows to the front and side elevations. The second bedroom has fitted wardrobes.
A most tasteful contemporary shower room is presented to a high standard with the suite comprising a low level WC, vanity unit with inset wash hand basin, and a double step in shower enclosure.
Adjacent to the bathroom is the former WC which is now in use as a handy utility area.
Outside, at the front of the property there is a low maintenance garden with shingle beds, established planted borders and dry stone walling.
A long block paved driveway provides parking for a number of vehicles and gives access to the detached garage and a very useful carport.
Menston is an understandably popular village found on the edge of the Wharfe Valley, only a short drive from the local towns of Ilkley, Otley and Guiseley.
Whilst the preceding offer a comprehensive range of amenities, Menston has its own local facilities too with everyday shops, primary school, popular park and churches of a number of denominations.
There are a choice of pubs/restaurants and a variety of sports clubs.
The village has a railway station from where there are frequent services throughout the day into the local cities of Leeds and Bradford.
From our office in Burley in Wharfedale, proceed to the bottom of Station Road and at the mini roundabout turn right.
Continue along the Main Street to the next roundabout taking the third exit onto Bradford Road. Follow the road to the next roundabout and take the second exit (still Bradford Road).
Take the right hand turn onto Station Road, Farnley Road is the first turning on your left and the property will also be on your left.
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
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FAQ
About 23, Farnley Road, Ilkley
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