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Spen Lane, Cleckheaton, West Yorkshire, BD19

Yorkshire

£1,000,000
Listed on 27/04/2026

Property Details

Bedrooms
7
Type
Detached

Description

Spen Bank House, set on an expansive 12.75 acres of land near Cleckheaton, offers a unique investment opportunity that blends historical charm with modern income potential. This Victorian property currently functions as three self-contained apartments, two of which are already generating rental income, yielding up to £24,000 annually. The property features an impressive 4.46 acres of grounds, complete with ample parking and outbuildings, providing excellent prospects for redevelopment or adaptation in line with local planning regulations. With grey belt residential development possibilities for up to five houses on-site and additional land available for various uses including environmental initiatives or commercial endeavors—subject to the necessary permissions—this property stands as a canvas for future growth. The surrounding natural landscape further enhances its appeal, incorporating attractive meadow and woodland areas along with access to recreational fishing at Mann Dam pond. Overall, this versatile site not only promises immediate returns but also long-term value appreciation through thoughtful renovation and development conversions.

Investment Analysis

(BD19 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BD19)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +6.6%
5 year growth: +22.1%
Investment Disclaimer: Analysis based on BD19 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

Spen Lane, Cleckheaton, West Yorkshire, BD19
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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
£3,542
Based on a loan of £750,000 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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