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Mearbeck, Long Preston, BD23

Yorkshire

£523,500
Listed on 13/09/2024

Property Details

Bedrooms
4
Type
Detached house

Description

This expansive four-bedroom stone-built period home is situated in the picturesque Yorkshire Dales National Park, boasting stunning westerly views. The property is accompanied by a two-bedroom annexe, ideal for multi-generational living or as a rental opportunity. While the main house requires significant modernisation to meet contemporary standards, it presents an excellent chance to transform it into a desirable family residence. The interior includes several generous reception areas, a kitchen with adjoining pantry, and a lower ground floor cellar offering potential for creative use. The first floor features four double bedrooms and a sizeable bathroom, along with a spacious attic that could be converted for additional living space, subject to planning approval. The annexe boasts its own private entrance and offers practical accommodation with two bedrooms and shower facilities on the ground floor, plus an inviting lounge and kitchen area above. Outside, the property is set in well-maintained gardens with ample parking and the possibility of acquiring up to four acres of adjacent agricultural land through separate negotiations. This property not only provides immediate comfort but also holds vast potential for development in an idyllic rural setting.

Investment Analysis

(BD23 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (BD23)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -4.6%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on BD23 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

Mearbeck, Long Preston, BD23
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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
£1,918
Based on a loan of £392,625 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