2-bedroom terraced house · LS21 1JP
Listing removedListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by modern method of auction a four storey, two bedroom, inner back-to-back Victorian terrace property now in need of considerable updating located in this ever popular and convenient location close to town centre.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 day reservation period.
Interested parties personal data will be shared with the Auctioneer (iamsold Ltd) 28 Carlton Street is a traditional Victorian, stone built, back-to-back terrace property with accommodation arranged over four storeys.
As the photographs show the house is in need of renovation but is ripe for reconfiguration including conversion of the lower ground floor to a family kitchen as many on this road have completed.
To the ground floor is a sitting room and small kitchenette, while to the first floor is a bedroom and bathroom and to the upper storey is a further bedroom.
All main services are included including gas fired central heating. Externally the property has a small garden/yard area to the front.
Excellent shopping including (Sainsbury's nearby) recreational and schooling facilities are within reasonable walking distance.
The surrounding business centres of North and West Yorkshire including Leeds, Bradford, York and Harrogate are within comfortable daily travelling distance as is the Leeds/Bradford International Airport at Yeadon Agents Notes If considering a mortgage, inspect and consider the property carefully with the lender before bidding.
A buyer information pack is provided. The buyer is responsible for the pack fee. For the most recent information on the buyer information pack fee, please contact the iamsold team.
The buyer signs a reservation agreement and makes a payment of a non-refundable reservation fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600inc VAT.
This fee is paid to reserve the property to the buyer during the reservation period and is paid in addition to the purchase price. The fee is considered within calculations for stamp duty.
Local Authority & Council Tax Band • Leeds City Council • Council Tax Band B • Conservation Area Tenure, Services & Parking • Freehold • All mains services • On street parking only Internet & Mobile Coverage For information on Internet and Mobile coverage access the Ofcom website from this link Flooding For information on flood risks please use this link Check for flooding in England - GOV.UK From our offices in the centre of Otley proceed in an easterly direction along Bondgate.
Follow the road round to the right onto Gay Lane.
Take the first turning left onto Cambridge Street and Carlton Street can be seen on the right hand side where the property will be identified by a Dacre, Son & Hartley For Sale board.
Value & comps
No previous sales on record.
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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 starting price
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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 Carlton Street, Otley, West Yorkshire, LS21
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