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Elmwood Terrace, Keighley, BD22 7DP

Yorkshire

£170,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Flat
Area
904 sqft

Description

This property has been thoughtfully configured as two separate maisonettes, making it an attractive opportunity for rental investors. Currently, it features a well-proportioned two-bedroom unit alongside a spacious three-bedroom unit, both equipped with uPVC double glazing and gas central heating. Given the potential to convert the property back into a single-family residence, subject to obtaining the necessary planning permissions, it caters to a variety of buyer needs. The ground and lower ground floor maisonette boasts generous living space, with a large living room, fitted kitchen, utility area, washroom, two bedrooms, and a bathroom. Meanwhile, the first and second floors comprise another self-contained living arrangement with its own living room, kitchen, utility room, washroom, three bedrooms, and bathroom. While some aspects of this property would benefit from modernization—an opportunity that has already been factored into the asking price—this presents an excellent project for those keen on improving and enhancing value. Externally, there is a manageable yard featuring a decked area along with secure off-road parking. This property stands out as a versatile investment option or renovation project for those looking to add their personal touch or capitalize on its rental potential.

Investment Analysis

(BD22 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£188/sq ft
Area Average
£222/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£220,856
10% above area average per sq ft
Potential ROI
+7.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BD22)

Area prices are rising by +9.6% over the last 12 months
3 year growth: 16.4%
5 year growth: 20.2%
Investment Disclaimer: Analysis based on BD22 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

Elmwood Terrace, Keighley, BD22 7DP
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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
£623
Based on a loan of £127,500 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