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See how verdicts work3-bedroom house · LS21 3BH
Sold STCReduced £13k (−3.4%) on 31 MayListed 516 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with no chain and in need of modernisation this property provides an exciting opportunity for someone to create a lovely home.
Cedar Cottage is a link-detached, has three bedrooms, off street parking, garage and delightful gardens with a semi-rural aspect on the edge of Otley.
Cedar Cottage is well positioned for walking into Otley town centre and it's amenities, whilst nestled in a little-known backwater of the town with stunning surroundings.
Available with no onward chain and requiring modernising the potential to create an individual home makes this a very rare and exciting opportunity for a range of buyers.
During our client’s ownership various alterations have been carried out, the main being an addition of a dormer window to create a further bedroom upstairs.
On the ground floor is a kitchen with a selection of base and wall units, plumbing for a washing machine, integrated oven and hob and space for a small dining table.
Off the kitchen is a covered timber structured garden room with access to a storage/utility area forming part of the garage.
The living room is of a good size and boats a large bay window overlooking the front garden.
A smart house bathroom, master bedroom with a range of fitted wardrobes and dressing table, dining room with occasional garden room created to enjoy the garden complete the ground floor.
On the upper floor are two bedrooms, the large bedroom has a dormer window providing far reaching views of Otley Chevin, useful vanity basin and under eaves storage.
The smaller room also benefits from useful under eaves storage space. All mains services including gas central heating and partial double glazing.
Otley is a popular market town filled with history located on the banks of the River Wharfe. It's a wonderful place to visit with easy access to the dales, Leeds, Harrogate and Bradford.
Various community groups are active offering something for everyone from music, crafts, sports and a community hub. We encourage you to visit for more information.
For the commuter Leeds Bradford Airport is a short drive away as is Menston train station.
Local Authority & Council Tax Band • Leeds City Council • Council Tax Band F • Conservation Area Tenure, Services & Parking • Freehold • All mains services, Gas central heating and partial double glazing • Driveway providing off street parking Internet & Mobile Coverage The Ofcom website shows internet available from at least 1 provider.
Outdoor mobile coverage (excl 5G) likely from at least 1 of the UK’s 4 main providers.
Results are predictions not a guarantee & may differ subject to circumstances, exact location & network outages Flooding: Check for flooding in England - GOV.UK indicate the long term flood risks for this property are: - Surface Water - Very low - Rivers & the Sea - Very Low Reservoir - Flooding from reservoirs is unlikely in this area.
From leaving our office proceed out of Otley along Bondgate which turns into Gay Lane, as the road veers to the left turn right up East Chevin Road.
Turn first left onto Silver Mill Hill and follow the road, Chevin Avenue can be found on the right and Cedar Cottage can be 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
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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
FAQ
About Chevin Avenue, Otley, West Yorkshire, LS21
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