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Leeds Road, Ilkley, West Yorkshire, LS29 - Image 1
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Leeds Road, Ilkley, West Yorkshire, LS29

Yorkshire

£345,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1216 sqft

Description

This mid-terraced three-bedroom property spans four levels and presents a significant opportunity for renovation. Nestled in the desirable town of Ilkley, known for its community spirit and awarded as one of the best places to live in the UK, this home is positioned conveniently near the town centre and comes with off-street parking - a valuable asset in this area. Although it requires updates throughout, it boasts original period features and a layout that includes a useful cellar for additional storage. The ground floor features an entrance hall leading into a spacious sitting room and a dining kitchen, which could benefit from modernisation to enhance both functionality and style. On the first floor, you will find two ample bedrooms alongside a house bathroom, with an additional generous double bedroom on the second floor offering lovely views of Ilkley Moor. With its potential for internal improvement and enhancement, this property is ideal for those looking to invest their skills into creating a welcoming family home or attractive rental opportunity.

Investment Analysis

(LS29 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£284/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£487,890
10% above area average per sq ft
Potential ROI
+23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (LS29)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -3.3%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on LS29 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

Leeds Road, Ilkley, West Yorkshire, LS29
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,244
Based on a loan of £258,750 over 30 years at 4.06% 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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