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Well Hill, Otley, LS21 3LF

Yorkshire

£260,000
Listed on 25/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
592 sqft

Description

Well Cottage presents a unique opportunity as a charming stone-built end terrace home, featuring two double bedrooms and situated conveniently close to the centre of Otley. Built in the 1990s, this property boasts character and spaciousness while being within a short stroll of local amenities including shops and cafés. The generous plot size offers significant potential for future extensions, subject to obtaining the necessary planning approvals. Inside, you will find a welcoming living room that captures the essence of cottage charm, complemented by a well-laid-out kitchen and dining area suitable for everyday activities as well as entertaining guests. The kitchen is equipped with essential appliances including a gas hob, oven, overhead extractor and fridge freezer. On the first floor, there are two comfortable double bedrooms alongside a bathroom fitted with an over-bath shower. Outside, the property stands out due to its ample outdoor space with seating areas and a summer house perfect for relaxation or hobbies. An allocated parking space adds practicality amid its desirable location near the town centre. With Otley's vibrant community, scenic countryside nearby and quick access to major transport routes including Leeds Bradford Airport just ten minutes away, Well Cottage is suited for first-time buyers or those considering future investment opportunities. This property’s current condition allows for multiple renovation possibilities to enhance both value and comfort.

Investment Analysis

(LS21 area)

Above Market Value

This property is priced +36.5% above area average per sq ft

+36.5%
This Property
£439/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£209,589
10% above area average per sq ft
Potential ROI
-27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
112%
Properties sold annually

Local Market Trend (LS21)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +6.9%
5 year growth: +8.8%
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

Well Hill, Otley, LS21 3LF
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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
£938
Based on a loan of £195,000 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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