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Carlton Street, Otley, West Yorkshire, LS21

Yorkshire

£120,000

Listed on 19/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
980 sqft

Description

This Victorian terrace property, spanning four levels, offers a promising opportunity for redevelopment in a desirable and central location. The inner back-to-back design of the two-bedroom home is currently in need of significant refurbishment, providing a blank canvas for those looking to create their dream residence or a lucrative investment. The lower ground floor presents potential for conversion into an inviting family kitchen, a popular enhancement among similar properties in the area. On the ground floor, you will find a sitting room alongside a compact kitchenette, while the first and upper floors accommodate a bedroom and bathroom along with another bedroom. The inclusion of gas central heating ensures basic comfort while you plan your updates. Outside, a small yard area can be transformed into a charming outdoor space. With essential amenities such as shopping facilities within walking distance and excellent transport links to nearby towns like Leeds and Harrogate, this property is well-situated to attract interest from buyers looking to invest in a hands-on renovation project.

Investment Analysis

(LS21 area)

Below Market Value

This property is priced -62.1% below area average per sq ft

-62.1%
Potential saving
This Property
£122/sq ft
Area Average
£323/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£347,978
10% above area average per sq ft
Potential ROI
+104.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (LS21)

Area prices are rising by +6.2% over the last 12 months
3 year growth: +8.6%
5 year growth: +8.9%
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

Carlton Street, Otley, West Yorkshire, LS21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£428
Based on a loan of £90,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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