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Railway Road, Ilkley, West Yorkshire, LS29 - Image 1
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Railway Road, Ilkley, West Yorkshire, LS29

Yorkshire

£185,000

Listed on 05/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom end terrace property in the heart of Ilkley presents a compelling opportunity for renovation and investment. Having previously operated as an electrical shop, the layout includes a ground floor space ideal for transforming into a contemporary living area, along with a reception room, kitchen, and access to a spacious cellar that could be developed for additional storage or living space. The first floor hosts three bedrooms and a house bathroom, all ripe for modernisation. The exterior features a small tarmac area to the side with right of access granted to neighbouring properties, offering potential for outdoor improvements. Located conveniently near Ilkley's bustling town centre with its array of shops, restaurants, and amenities, plus excellent transport links to Leeds and Bradford, this property is positioned well for both residential enjoyment and future value appreciation. The surrounding area also boasts beautiful walks through moorland and the Yorkshire Dales National Park just a short distance away. Given the property's condition requiring complete modernisation, it stands as an attractive venture for those keen on capitalising on its potential in this desirable location.

Investment Analysis

(LS29 area)
Area Average
£363/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (LS29)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -4.9%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on LS29 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

Railway Road, Ilkley, West Yorkshire, LS29
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 over 30 years at 4.45% 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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