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North Street, Otley

Yorkshire

£199,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1164 sqft

Description

This three-bedroom Victorian terrace house presents a compelling opportunity for renovation and investment. Spread across three floors, the property features spacious cellars that could be transformed into additional living space, pending necessary planning permits. Located centrally in the desirable town of Otley, this home offers a substantial bathroom with a four-piece suite, an inviting dining kitchen, and sizable bedrooms including a generous master. The exterior boasts astro turf and patio gardens with potential for off-street parking at the rear. Enhancements to key areas such as the windows—currently fitted with white UPVC double glazing—and the gas central heating system can further elevate its appeal. With excellent access to local amenities and transport links to both Leeds and Harrogate, this character property stands out as an attractive project for developers or DIY enthusiasts looking to unlock its full potential.

Investment Analysis

(LS21 area)

Below Market Value

This property is priced -47.0% below area average per sq ft

-47.0%
Potential saving
This Property
£171/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£413,313
10% above area average per sq ft
Potential ROI
+69.4%
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

North Street, Otley
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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
£710
Based on a loan of £149,250 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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