3-bedroom semi-detached house · LS21 1FE
Listing removedListed 68 days
Opportunity summary
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About
Stunning modern town house with three double bedrooms, two bathrooms, great popular Garnett Wharfe riverside development, garage, parking and an easy level walk into town.
A great opportunity to acquire a lovely town house with immaculately presented accommodation on three floors featuring well-proportioned rooms, modern contemporary fixtures and fittings and a level enclosed south westerly facing rear lawned garden with a patio.
The front entrance has a guests’ cloaks/WC and separated boiler cupboard with plumbing for a washer and a front facing study room useful for those who choose to work from home.
The stunning open plan living kitchen diner which is instantly impressive on first inspection is well fitted with integrated appliances, concealed under stairs storage and French doors open out to the rear garden.
There is a lounge on the first floor, a double bedroom and a luxury white three-piece suite house bathroom.
There are a further two double bedrooms on the top floor, one with full width wardrobes and a similarly luxury Jack ‘n’ Jill shower room.
The accommodation is offered with a gas- fired heating system and the windows are UPVC sealed double glazed.
There is access to a single garage to the rear with parking space in front which is the left hand of a block of three adjacent to and located at the bottom of the garden.
Situated on the Sought after Riverside Garnett Wharfe development, the property is located towards the end of Mill Way, enjoying riverside walks, a park with a children’s safe playing area and is within an easy walk into the town centre.
Otley’s historic market town has many excellent independent shopping facilities and with Waitrose, Sainsbury’s and Asda supermarkets.
Being able to walk to numerous pubs, bars, restaurants and cafés must of great interest to most.
Recreational areas include tennis, squash, rugby and cricket clubs and there is a golf course and football ground on either side of town.
Otley is noted for its schools in all ranges including Prince Henrys highly rated Grammar school.
There is a town centre bus station with synchronised links to the railway station at nearby Menston as well, offering regular services to Leeds, Bradford, Harrogate and beyond.
There is the International Leeds/Bradford Airport at nearby Yeadon and the town is strategically located for comfortable daily travelling to Yorkshire’s key commercial centres by car with the national motorway network (M1, A1, M62) near to Wetherby.
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.
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FAQ
About 51, Mill Way, Otley
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