6-bedroom house · LS17 9JF
Sold STCListed 534 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A magnificent barn conversion of outstanding quality and skilful interior design together with wonderful fully refurbished attached barn, in a glorious location yet only moments from The Grammar School at Leeds and fashionable Street Lane in nearby Roundhay.
Barn conversions of such skill are an absolute rarity, providing extensive family accommodation of approximately 5000 sq ft and in a fabulous setting with additional land/paddocks available, boasting glorious, long range views across surrounding countryside.
The attached fully refurbished barn offers exceptionally useful space of 4,000 sq ft.
The interior design combines many character features such as exposed beams and fabulous contemporary appointments of quality including Lapicida and Amtico flooring, Farrow and Ball paintwork, integrated appliances from Siemens, Aquavision TV in the master en-suite, AV system, ground floor underfloor heating and gas central heating to the first floor.
The internal design allows for the owners to use the accommodation to suit their lifestyle, comprising; A charming reception hall, cloakroom/shower room, lounge, stunning dining kitchen, utility room, snug, games room, office, gym and a self-contained ground floor guest/staff wing with bedroom, en-suite and sitting room.
Master bedroom with en-suite and walk-in-wardrobe, four further bedrooms - two with en-suite and a separate shower room.
Wike Ridge Farm Barn is perfect for entertaining with extensive south facing patio areas and a walled garden.
Approached via a gravel driveway with parking for multiple vehicles and accessed from the road by remote controlled gates.
The property is situated on the edge of the exclusive hamlet of Wike conveniently placed between the picturesque village of East Keswick and Alwoodley.
At nearby Slaid Hill are shops catering for daily needs and there is superb ease of access to both The Grammar School at Leeds and Gateways.
Just a little further afield are the renowned grounds of Roundhay Park, fashionable shops and restaurants at Street Lane, further golf courses at Moor Allerton, Sandmoor and Alwoodley and a swift access into Leeds city centre.
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
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About Wike Ridge Lane, Leeds, West Yorkshire
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