2-bedroom flat · LS21 1FU
Listing removedListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delightfully situated within this stunning location overlooking the River Wharfe, yet within easy walking distance of the Town Centre, a beautifully presented two bedroom first floor apartment with lift access This recently built first floor apartment is situated within this enviable location and enjoys a delightful outlook from two balconies over the River Wharfe.
Offered fully furnished with contemporary style fixtures and fittings the accommodation briefly comprises: communal entrance.
lift or stair access to second floor, entrance hall with storage cupboard, open plan fully fitted living/dining kitchen with doors to balcony, bedroom one with access to a balcony and with en suite shower room, further double bedroom and house bathroom.
Externally the property has one allocated underground parking space. The property is connected to a mains electricity supply, with mains water and sewerage supplied by Yorkshire water.
The broadband type available in the area is standard. Mobile availability at the property is covered by all four major suppliers.
Please either check the Ofcom website or contact the office for specific details and suppliers available, for both broadband and mobile.
**A holding deposit equivalent to one weeks rent (333.00) will be taken once you have been provisionally accepted by the landlord (subject to references and contracts).
This holding deposit will not be returned, should you provide false or misleading information, fail a right to rent check, unilaterally withdraw your application or fail to take all reasonable steps to enter into a tenancy agreement within a reasonable timescale.
DEPOSIT £1673 - NO DEPOSIT OPTION AVAILABLE NO PETS FULLY FURNISHED EPC RATING C COUNCIL TAX BAND D
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 Garnett Mill, Otley, West Yorkshire, LS21
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