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East Parade, Ilkley, West Yorkshire LS29

Yorkshire

£295,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1040 sqft

Description

Nestled in the sought-after spa town of Ilkley, this three-bedroom Victorian terraced home presents a valuable investment opportunity. While currently freshened up for immediate living, the property has considerable room for modernization and personalization, making it an ideal project for buyers eager to adapt a home that reflects their style and functional needs. With its adaptable layout, this residence is suitable for a diverse range of buyers including first-time homeowners, families, investors, and those looking to downsize. The location is a major draw, positioned conveniently within walking distance of Ilkley's vibrant town centre. This proximity to local amenities enhances its potential marketability as a rental or resale property. The ground floor comprises generous living spaces that could benefit from restructuring to align with contemporary living trends. The front reception room features charming details such as alcoves around the fireplace and a period bay window. The kitchen includes a breakfast bar alongside ample storage options, while additional utility space leads out to a south-facing sunroom—this area could be transformed into an inviting outdoor retreat or expanded upon entirely. The first-floor layout includes two bedrooms with fitted wardrobes and double-glazed windows installed in early 2025; these spaces allow for versatile uses such as guest accommodations or home offices. The second floor hosts the family bathroom complete with modern fixtures and another double bedroom that benefits from under-eaves storage. Outside, the enclosed front yard presents an opportunity for landscaping improvements or conversion into off-road parking via existing access routes. The rear tarmac yard offers security for pets or children and could serve multiple purposes with thoughtful renovation. This property stands as a fantastic canvas ready for transformation while being situated in one of West Yorkshire's most desirable locales.

Investment Analysis

(LS29 area)

Below Market Value

This property is priced -21.8% below area average per sq ft

-21.8%
Potential saving
This Property
£284/sq ft
Area Average
£363/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£415,043
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
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

East Parade, 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
£1,114
Based on a loan of £221,250 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.

Stamp Duty Calculator

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