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Lake House, The Grove, Shelf, HX3 7PD

Yorkshire

£850,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2737 sqft

Description

Nestled in a serene 2.5-acre woodland setting, this four-bedroom detached home offers a rare opportunity for those looking to make their mark with renovation. Surrounded by picturesque mill ponds and lush trees, the property presents not just spacious living areas but also significant potential for development. With an expansive loft space primed for conversion and the possibility of leasing a nearby commercial unit, this home is ideal for anyone seeking to integrate work and life in a tranquil environment. Inside, the layout includes ground floor bedrooms complete with substantial views and ensuite facilities, while the first floor features inviting open-plan living spaces that take full advantage of the stunning surroundings. A large balcony overlooks the natural beauty, creating an excellent venue for outdoor entertaining. The gardens offer ample exploration opportunities with pathways winding through the woodland and along water’s edges. The former vegetable garden adds to your potential for future improvements or landscaping enhancements. This unique home is conveniently located within easy reach of major transport links and local amenities, making it suitable for both family living and investment purposes. Viewing is strongly recommended to fully grasp the possibilities that await.

Investment Analysis

(HX3 area)

Above Market Value

This property is priced +37.2% above area average per sq ft

+37.2%
This Property
£311/sq ft
Area Average
£226/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£681,622
10% above area average per sq ft
Potential ROI
-28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (HX3)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 10.8%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on HX3 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

Lake House, The Grove, Shelf, HX3 7PD
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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
£3,114
Based on a loan of £637,500 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