Otley Road, Shipley
HU

Otley Road, Shipley

By Hunters

£ 245,000

Reviews

2 out of 5 stars

Hunters says ..

An opportunity to acquire an Edwardian terrace which is separated in to 6 independent flats, forming a house in multiple occupation, and produces a rental yield of circa £20,000 per annum. Flat 1 16' x 13' 10" ( 4.88m x 4.22m ) Flat one has a double glazed window to the front, a...

Property Oracle says ..

This property on Otley Road, Shipley, is presented as a six-bedroom, two-bathroom Edwardian terrace house, currently divided into six independent flats generating a rental income of around £20,000 per annum. Its location in Shipley offers access to the train station and a nearby primary school. However, the provided photographs suggest that the property requires some significant refurbishment to modernise the interiors and enhance the overall condition. The rooms show some signs of wear and tear, dated fixtures and fittings, and overall would need updating to attract buyers looking for modern accommodation. The absence of information on the property’s square footage and land size limits a comprehensive evaluation. The list price of £245,000 needs more consideration based on a proper comparison of similar properties with their square footage and land. Although the rental income potential seems a significant element affecting the value, a thorough professional survey is needed to assess the property’s structural condition, potential repair costs, and to accurately determine its market value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
6
Bathrooms
2

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
256,364.00 £
Increased by 21.19 %
from 211,536.00 £
Average area rental value
934.00 £/mo
Increased by 31.00 %
from 713.00 £/mo
Est rental Yield
4.37 %
Increased by 8.17 %
from 4.04 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Hunters created the listing.

Nearby Schools

NameTypeOfstedDistance
Shipley Cofe Primary SchoolAcademy Sponsor Led0.07 KM
High Crags Primary Leadership AcademyAcademy Sponsor LedGood0.94 KM
Wycliffe Cofe Primary SchoolAcademy Sponsor Led1.13 KM
Bradford Alternative Provision AcademyAcademy Alternative Provision Converter1.19 KM
Frizinghall Primary SchoolCommunity SchoolRequires improvement1.19 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Grange Terrace £ 160,00000.00 KM
Well Croft £ 69,12500.00 KM
Croft Street £ 000.00 KM
Charles Court £ 234,95000.00 KM
Ashfield Avenue £ 260,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Shipley (Yorks)8347SHY0.83 KM
Frizinghall8556FZH1.47 KM
Saltaire8561SAE1.65 KM
Baildon8552BLD3.74 KM
Bradford Forster Square8346BDQ4.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
Otley Road, Shipley £ 245,000BUY4 / 100.00 KM
Selborne Terrace, Shipley, West Yorkshire, BD18 £ 230,000BUY5 / 100.10 KM
Birklands Road, Shipley £ 240,000BUY7 / 100.13 KM
Birklands Road, Shipley, West Yorkshire, BD18 £ 235,000BUYUnknown0.13 KM
Birklands Terrace, Shipley £ 255,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
22 Selborne Terrace £ 190,0000.08 KM
13 Selborne Terrace £ 125,0000.08 KM
20 Selborne Terrace £ 120,0000.08 KM
19 Selborne Terrace £ 110,0000.08 KM
15 Selborne Terrace £ 118,0000.08 KM