3-bedroom semi-detached house · LS22 5EA
Sold STCReduced £25k (−5%) on 1 JunListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique and exciting opportunity to purchase this charming three bedroom semi-detached home on the outskirts of Wetherby with superb development potential; to extend and modernise the current property and to erect three new family homes upon the adjoining paddock.
Outline Planning Permission granted Ref: 24/06055/OT. The existing brick built 1930s character building is of generous proportions, with south facing garden and complete with outbuildings.
Now providing scope and opportunity to undertake a program of refurbishment and modernisation, the accommodation benefiting from oil fired central heating comprises:- To the ground floor; a large entrance hallway with storage cupboard underneath.
Generous sized living room with French style patio doors opening onto rear garden. Feature fireplace with multi fuel stove inset.
Fitted kitchen leading through to a generous sized utility space with vaulted ceiling providing excellent potential to refurbish and develop.
To the first floor; bedrooms one and two provide good size double rooms to the front and rear. A third single bedroom is currently used as a home office.
The house bathroom comprises a coloured three-piece suite of low flush wc, pedestal wash basin and panel bath with shower above.
To the outside; the property enjoys a generous size garden plot to front side and rear, complete with outbuildings and potential vegetable patch.
The south facing rear garden is set largely to lawn, boasting an array of established flower beds, bushes and trees. Off road parking is available for multiple vehicles to the front.
The private lane of Carr Lane continues beyond the property and provides access the building plot.
A timber access gate opens onto a large paddock field with outline planning permission granted to build three beautiful properties Ref:24/06055/OT. Total plot size is approximately 0.75 acres.
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
Agent & docs
FAQ
About Wetherby, Carr Lane, LS22
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