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Magna House, Main Street , Long Preston BS23 - Image 1
Magna House, Main Street , Long Preston BS23 - Image 2
Magna House, Main Street , Long Preston BS23 - Image 3
Magna House, Main Street , Long Preston BS23 - Image 4
Magna House, Main Street , Long Preston BS23 - Image 5

Magna House, Main Street , Long Preston BS23

South West

£325,000
Listed on 12/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial detached property is situated in a central location within the sought-after village of Long Preston, nestled in the scenic Yorkshire Dales National Park. Its proximity to the market towns of Skipton and Settle provides convenient access to a diverse range of local amenities and services. Currently utilized as offices and for storage purposes, this property presents significant renovation and investment opportunities, particularly with potential development subject to planning approval. Magna House boasts an impressive stone-built structure that was formerly a wool warehouse, featuring spacious accommodation spread over two floors. The building encompasses over 8,200 square feet (762 sqm) of usable space, characterized by high ceilings and expansive windows that invite natural light. Importantly, there is also access to additional roof space from the first floor, offering further possibilities for conversion or expansion, making it ideal for various redevelopment projects. All major utilities are believed to be connected to the property; however, prospective buyers should verify the adequacy and efficiency of these services independently. The property's rateable value is listed at £18,000 according to recent VOA inquiries, which may offer potential investors insights into possible tax liabilities—it's advisable for interested parties to consult North Yorkshire Council regarding current rates. Available with vacant possession, this property represents a promising opportunity for rehabilitation or transformation into residential units or alternative commercial uses. Given its expansive layout and prime location within a vibrant community, internal viewing is highly recommended to fully appreciate the various possibilities this space has to offer.

Investment Analysis

(BS23 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£236
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BS23)

Area prices are falling by +6.7% over the last 12 months
3 year growth: -1.4%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on BS23 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

Magna House, Main Street , Long Preston BS23
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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
£1,191
Based on a loan of £243,750 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