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Carlton Street, Otley, West Yorkshire, LS21 - Image 1
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Carlton Street, Otley, West Yorkshire, LS21 - Image 5
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Carlton Street, Otley, West Yorkshire, LS21 - Image 9
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Carlton Street, Otley, West Yorkshire, LS21

Yorkshire

£179,950
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
980 sqft

Description

This two-bedroom Victorian terrace property presents a valuable opportunity for those seeking a renovation project in a desirable location. Spread across four levels, the house is positioned as an inner terrace, featuring traditional stone construction that characterizes its historic charm. The property requires significant updating and offers ample potential for reconfiguration. One notable possibility is the conversion of the lower ground floor into a spacious family kitchen—a transformation that has been successfully completed by many neighboring homes. The ground floor currently features a sitting room and a compact kitchenette, while the first floor includes one bedroom and a bathroom. The upper level offers an additional bedroom, providing flexible living arrangements. Externally, there is a modest garden or yard area at the front, which can be utilized or enhanced further to complement outdoor living. Essential services such as gas-fired central heating are already in place. Located within walking distance to excellent shopping options, including Sainsbury's, as well as recreational amenities and local schools, this property benefits from its accessible surroundings. Additionally, major business centers in North and West Yorkshire—such as Leeds, Bradford, York, and Harrogate—are reachable within comfortable commuting distance. The proximity to Leeds/Bradford International Airport adds to the convenience for travelers. With no onward chain and situated in a conservation area under Leeds City Council jurisdiction (Council Tax Band B), this property offers both an immediate investment opportunity and long-term potential for value appreciation through renovation. On-street parking is available for residents. For anyone looking to dive into a project with substantial growth prospects in a sought-after neighborhood, this Victorian gem could be your canvas.

Investment Analysis

(LS21 area)

Below Market Value

This property is priced -42.6% below area average per sq ft

-42.6%
Potential saving
This Property
£184/sq ft
Area Average
£320/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£345,014
10% above area average per sq ft
Potential ROI
+43.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (LS21)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 4.4%
5 year growth: 12.7%
Investment Disclaimer: Analysis based on LS21 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

Carlton Street, Otley, West Yorkshire, LS21
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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
£659
Based on a loan of £134,962 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