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Water Lane, Farnley

Yorkshire

£230,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
990 sqft

Description

This three-bedroom semi-detached house presents a promising renovation opportunity in a sought-after residential area. With its generous layout and expansive garden, it appeals to both families and investors looking to increase equity through modernization. The property features a welcoming entrance hallway that provides access to the lounge, bathed in natural light thanks to its large front-facing window. Double doors connect the lounge to a rear dining room, offering versatility for entertaining or family meals with views of the sizable garden. The kitchen, currently equipped with essential fixtures, leads out into the side garden, presenting further potential for enhancements. Upstairs, the landing opens into three bedrooms, including a spacious master with built-in wardrobes and two additional rooms that can serve as children's bedrooms or home offices. The shower room offers practical amenities but is ready for updates to meet contemporary standards. Externally, ample off-road parking is provided by a gated driveway leading to a detached garage with an adjoining storage space. The substantial rear garden is primarily lawned and enclosed by mature trees, providing privacy and an ideal canvas for landscaping enthusiasts. Situated on Water Lane in LS12, this home boasts excellent transport links and proximity to local amenities. This property not only promises comfortable living but also significant potential for personal touch and investment growth. It's an ideal prospect for those willing to undertake renovations that will transform this space into their dream family home.

Investment Analysis

(LS12 area)

Above Market Value

This property is priced +2.0% above area average per sq ft

+2.0%
This Property
£232/sq ft
Area Average
£228/sq ft
Avg Rent (weekly)
£209
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£248,020
10% above area average per sq ft
Potential ROI
-8.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LS12)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 6.3%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on LS12 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

Water Lane, Farnley
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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
£843
Based on a loan of £172,500 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