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The Crofts, New Road, Horbury, WF4

Yorkshire

£1,850,000

Listed on 07/10/2024

Property Details

Bedrooms
6
Type
Detached
Area
3875 sqft

Description

This Grade II listed period residence, known as The Crofts, is a substantial property with a rich history dating back to the early 17th century. Set within approximately 2.25 acres of mature gardens and grounds, including a charming paddock, this home offers an exceptional opportunity for renovation and investment. The property features various outbuildings and garages, along with a swimming pool that requires refurbishment. The layout includes six spacious bedrooms, multiple reception rooms, extensive cellars, and two kitchens, allowing for flexible living arrangements. Notably, there is existing planning consent for a separate dwelling on-site, offering potential for further development or use as extra accommodation or workspace. Nestled in a private setting yet conveniently close to Horbury's amenities—schools, shops, and parks—this home promises both tranquility and accessibility. With its impressive garden vistas from the principal rooms and abundant character throughout, it stands as an ideal candidate for those looking to create a modern family home while preserving its historical charm.

Investment Analysis

(WF4 area)

Above Market Value

This property is priced +87.2% above area average per sq ft

+87.2%
This Property
£477/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,086,938
10% above area average per sq ft
Potential ROI
-44.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WF4)

Area prices are rising by +4.4% over the last 12 months
3 year growth: +8.5%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on WF4 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

The Crofts, New Road, Horbury, WF4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£6,989
Based on a loan of £1,387,500 over 30 years at 4.45% 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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