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Watergate, Methley, LS26

Yorkshire

£300,000
Listed on 01/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This former public house presents a substantial renovation opportunity, encompassing a gross internal area of approximately 304.1 m2 (3,272 ft2) along with an additional barn/storage space measuring about 104.5 m2 (1,124 ft2). Situated on a total parcel of land of around 0.09 hectares (0.23 acres), this two-storey property features a basement level and is structured with various dining areas, a main bar and tap room on the ground floor, while the first floor offers living accommodation. The interior requires significant refurbishment, particularly following fire damage to some ground floor sections. With vehicular access to the car park from Watergate (B6135) and existing rights for neighboring parking, the site holds considerable potential for redevelopment into multiple uses, pending necessary planning approvals. Located in Methley—an area characterized by its rural ambience near Leeds—the property enjoys proximity to major transport routes via the M62, positioning it well for commuters. Given its location within the Greenbelt, there may be restrictions on redevelopment that need careful consideration.

Investment Analysis

(LS26 area)
Area Average
£272/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (LS26)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 3.6%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on LS26 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

Watergate, Methley, LS26
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 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