We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · LS29 6LL
Listing removedListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to acquire this most characterful Grade II listed two bedroom cottage in the very heart of Menston village and dating back to the late 18th Century.
This wonderful home is of particular architectural interest as it stands a full storey higher than its' neighbour and has the prominent three light bay windows which are believed to have been added in the 19th Century.
The timber sash frames compliment the age and character of the building and add historic interest to the property.
Long before the introduction of street lighting, The Lighthouse was the home and base for the local Lamplighter. The charming accommodation is set over four floors, steeped in character and charm.
Original stone flagged steps lead to the entrance door leading into the kitchen dining room.
A well proportioned room with a range of base and drawer units with working surfaces over, built in cupboards provide invaluable storage space.
A large bay window affords the room a good deal of light, exposed ceiling timbers add to the wonderful character along with the solid wood floor.
From the kitchen there is access to the contemporary shower room which has a step in shower enclosure, WC, wash hand basin and contemporary 'Metro' style tiling.
There is also access down to the handy cellar. On the first floor, a large landing area with a window to the rear, this area would work as an office/study area.
The lounge is at the front of the property and has another deep bay window to the front elevation, a period fireplace and exposed ceiling timbers. There is also a storage cupboard under the stairs.
On the second floor are the two bedrooms. The master bedroom also has a deep bay window to the front elevation, exposed ceiling timbers and a period fireplace.
The second bedroom has exposed ceiling timbers and a window to the rear elevation. Externally there is a small flagged area to the front of the property.
On entering the village of Menston from the direction of Ilkley and Otley, continue straight on at the roundabout to the traffic lights, turn right into Bingley Road and then follow this road round to the right into Main Street.
The property will be found on the left hand side and identified by our For Sale board.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png){kind=logo}
FAQ
About The Lighthouse, 34, Main Street, Ilkley
Explore nearby
