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Otley Road, Bingley, West Yorkshire, BD16 - Image 1
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Otley Road, Bingley, West Yorkshire, BD16

Yorkshire

£575,000
Listed on 26/08/2025

Property Details

Bedrooms
5
Type
Detached
Area
1937 sqft

Description

This impressive detached residence features an adaptable living space spread across four levels, ideal for a family or potential investors. Encompassing five bedrooms and three reception areas, this home balances character with modern convenience. The generous plot includes spacious gardens that not only provide a peaceful retreat but also hold the promise of development opportunities, subject to planning approval. Inside, the ground floor presents a welcoming entrance hallway leading to a family lounge complete with a charming fireplace and an open plan living-dining kitchen. A side porch connects to a utility area and an additional reception room or bedroom, while the basement houses a versatile family room. The first floor features the master bedroom with an ensuite, two more double bedrooms, and a family bathroom; on the second floor, there's a study that offers access to useful attic space. Outside, the well-maintained gardens include ample parking via a gated driveway and outbuildings currently used for storage. A large summer house has been transformed into an entertainment area with games facilities. Set in sought-after Eldwick and close to local amenities in Bingley, this property not only showcases beauty but also significant investment potential for those looking to make their mark in this desirable location.

Investment Analysis

(BD16 area)

Above Market Value

This property is priced +24.8% above area average per sq ft

+24.8%
This Property
£297/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£188
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£506,894
10% above area average per sq ft
Potential ROI
-24.9%
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
30%
Properties sold annually

Local Market Trend (BD16)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +2.7%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on BD16 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

Otley Road, Bingley, West Yorkshire, BD16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,037
Based on a loan of £431,250 over 30 years at 3.91% 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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