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Weston Park View, Otley LS21

Yorkshire

£400,000
Listed on 20/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1412 sqft

Description

Nestled on the outskirts of Otley, this three-bedroom bungalow presents an excellent opportunity for renovation and investment. Built in the 1970s, the property spans just over 1,400 square feet and features a flexible layout that can be adapted to modern tastes. Although it requires some updating, its solid design offers a perfect foundation for those looking to create their ideal living space. The generous dimensions of the home include two reception rooms and a particularly spacious sun room, which provides panoramic views of the scenic Wharfe Valley. This south-facing aspect allows for an abundance of natural light and opens up possibilities for creating an inviting environment, whether for entertaining or simply relaxing with family. The rear garden is another noteworthy feature, showcasing mature landscaping and breathtaking vistas that make it a desirable outdoor retreat. In terms of practicality, the property boasts ample parking space for up to five vehicles alongside a substantial garage that could serve multiple purposes—from additional storage to a workshop area. The absence of an onward chain simplifies the process for potential buyers looking to move in quickly. Located in Otley—a charming market town with rich community amenities—this bungalow benefits from its proximity to major urban centers without sacrificing rural charm. Renowned schools and a vibrant mix of retail options enhance the appeal for families and investors alike. The surrounding countryside offers plenty of recreational opportunities with walking and cycling routes nearby. The accommodation includes gas-fired central heating and double glazing throughout, ensuring comfort year-round. Key interior spaces comprise an entrance porch leading into a well-equipped dining kitchen, which features integrated appliances and generous dining space. The inviting sitting room includes a traditional gas fireplace as a focal point, perfect for cosy evenings at home. Each bedroom is designed with practicality in mind; while updates would enhance their appeal, they currently offer good storage solutions and natural light. The house bathroom is also sizeable and well-appointed with both bath and shower facilities. With its location advantages combined with significant potential for improvement, this property stands out as an appealing option for investors or homeowners eager to craft their next project. Take advantage of this unique opportunity to shape your vision in one of Yorkshire's most picturesque towns.

Investment Analysis

(LS21 area)

Below Market Value

This property is priced -12.9% below area average per sq ft

-12.9%
Potential saving
This Property
£283/sq ft
Area Average
£325/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£505,411
10% above area average per sq ft
Potential ROI
+1.1%
After renovation
Monthly Sales
15
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LS21)

Area prices are rising by +11.5% over the last 12 months
3 year growth: 9.2%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on LS21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Weston Park View, Otley LS21
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