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Elmwood Terrace, Keighley, BD22 7DP - Image 1
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Elmwood Terrace, Keighley, BD22 7DP

Yorkshire

£170,000
Listed on 06/01/2026

Property Details

Bedrooms
5
Type
Flat
Area
904 sqft

Description

This property presents a compelling investment opportunity, currently configured as two separate maisonettes, ideal for rental income or potential owner-occupancy after renovation. The ground and lower ground floor hosts a two-bedroom flat while the upper levels offer a three-bedroom unit, both equipped with uPVC double glazing and gas central heating, enhancing comfort and energy efficiency. The layout includes spacious living areas complemented by fitted kitchens, utility rooms, washrooms, and ample storage options. While the interiors show signs of wear and could benefit from modernization to fully realize their potential, this is reflected in the value, making it an appealing project for those looking to invest in a versatile property with room for improvement. Externally, the property features a private yard with decking and off-road parking, adding practical appeal. Given the possibility of reverting to a single-family home (subject to planning permissions), this property holds significant renovation potential for investors or buyers seeking to create their ideal living space.

Investment Analysis

(BD22 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£188/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£220,856
10% above area average per sq ft
Potential ROI
+0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BD22)

Area prices are rising by +9.6% over the last 12 months
3 year growth: 16.4%
5 year growth: 20.2%
Investment Disclaimer: Analysis based on BD22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Elmwood Terrace, Keighley, BD22 7DP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE