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Peel Place, Burley In Wharfedale, Ilkley LS29

Yorkshire

£230,000

Listed on 15/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
742 sqft

Description

Situated in the heart of Burley In Wharfedale, this charming two-bedroom stone-built terraced property on Peel Place provides a solid foundation for potential buyers looking to invest in a home with distinctive character. The property is available with no onward chain, making it an attractive option for first-time buyers and investors alike. With local amenities, including shops and coffee houses just a stone's throw away, the location truly epitomizes convenient village living. Upon entering, you'll find a cozy sitting room that features an attractive stove set into the chimney breast, promoting a warm ambiance ideal for both relaxation and entertainment. Adjacent to this is a spacious dining kitchen equipped with wall and base units, offering ample space for culinary pursuits. The first floor boasts two bedrooms along with a bathroom fitted with essential white goods, however, there lies significant room for cosmetic enhancements throughout the house. The enclosed rear yard serves as a private outdoor area and includes a garden shed—perfect for storage or as a small workshop. This space presents an opportunity to create an inviting outdoor retreat or garden area. While the property does require some updating, it represents a blank canvas waiting for your personal touch. Whether you're seeking to customize your living space or looking for an investment project that has great rental potential in this desirable village community, this property awaits your vision. With its historical features and renovation possibilities, it's well worth considering viewing to explore all that it can become.

Investment Analysis

(LS29 area)

Below Market Value

This property is priced -14.5% below area average per sq ft

-14.5%
Potential saving
This Property
£310/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£270
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£295,832
10% above area average per sq ft
Potential ROI
+16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LS29)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -4.6%
5 year growth: +5.5%
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

Peel Place, Burley In Wharfedale, Ilkley LS29
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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
£821
Based on a loan of £172,500 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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