1-bedroom flat · LS29 8AA
Listing removedListed 255 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely two double bedroom apartment is located on the top floor and enjoys well presented contemorary style accommodation within central Ilkley.
Ilkley is proud to be voted The Sunday Times Best Place to Live in the UK 2022, for its top schools, interesting independent shops and restaurants, its spectacular scenery and convenient rail links.
The judges were impressed by sports clubs and the opportunities they offer for young people and the energetic community spirit: Volunteering is a big part of life in Ilkley and the town's lovely cinema and thriving market were all launched by the local residents.
Located on the top floor, this newly re-decorated apartment boasts amazing views and is only a short walk from the station with its excellent commuter links.
Briefly the property comprises, entrance hall, large kitchen/living room with all appliances, eaves storage, large bedroom with storage, luxury bathroom. Outside there is a communal bike store.
The property is connected to a mains electricity supply, with mains water and sewerage supplied by Yorkshire water. The broadband type available in the area is standard.
Mobile availability at the property is covered by all four major suppliers.
Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile.
**A holding deposit equivalent to one weeks rent (£201.00) will be taken once you have been provisionally accepted by the landlord (subject to references and contracts).
This holding deposit will not be returned, should you provide false or misleading information, fail a right to rent check, unilaterally withdraw your application or fail to take all reasonable steps to enter into a tenancy agreement within a reasonable timescale.
Deposit-£1009.00 Epc-d council tax band-a
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 7, The Old Bank, 5B, Brook Street, West Yorkshire
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