1-bedroom flat · LS22 7TE
Sold STCReduced £5k (−6.7%) on 20 JunListed 386 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to market chain free is this spacious and well-presented one double bedroom apartment, set on the first floor within this popular over-60s retirement complex.
The apartment can be accessed via stairs or lift and includes: A generous sized lounge with large window allowing natural light to flood the room, kitchen with floor and wall height cupboards, intergrated electric oven/hob top and space for a fridge freezer.
The double bedroom has fitted wardrobes and is serviced by a modern fitted bathroom with walk-in shower. The apartment further benefits from fibre broadband, electric heating and PVCu double glazing.
Additionally, the property has an emergency pull-cord system that allows 24-hour assistance, should it be required.
Home Paddock House also provides a communal residents lounge, communal laundry, and is set within attractive grounds.
The property is conveniently situated close to an extensive array of local amenities in Wetherby, which offers superb facilities including local shops, restaurants and street cafes.
Morrisons supermarket and a Marks and Spencer’s food store are both located in Wetherby town centre, just a short walk away, and an Aldi supermarket is also close by.
There are good local transport links providing easy access into Leeds City centre, Harrogate and surrounding areas. For full appreciation of the development and apartment, viewing is essential.
Anti-Money Laundering (aml) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Tenure Leasehold - 99 years from 1.9.1985 - Expires 2084 Ground Rent £455.18 per annum Service Charge £2,473.08 per annum Disclaimer Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers.
We would advise that any buyer make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change
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
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FAQ
About 24, Home Paddock House, Wetherby
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