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£450,000

Boroughgate, Otley, West Yorkshire, LS21

  • 6 beds
House

£450,000

  • 6 beds
House
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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OneDome - Properties for sale and to rent

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A rare opportunity to acquire a substantial Grade II listed mid-terrace property, prominently positioned in the heart of Otley town centre. This characterful building, previously operating as a restaurant, is offered for sale freehold and presents significant potential for redevelopment or continued commercial use. Arranged over three floors with the added benefit of a basement cellar, the property offers generous internal space and retains many period features. Now vacant, it requires a full programme of refurbishment, making it an ideal project for investors, developers, or owner-occupiers. Planning permission has been granted for conversion into three spacious two-bedroom apartments, with the proposed layout including a ground floor apartment accessed from Boroughgate and two upper floor units accessed separately from the rear. Alternatively, the property offers scope (subject to the necessary consents) to create a stunning single townhouse in a prime central location. A versatile and historic building with outstanding potential � early viewing is highly recommended. Appproximate Net Internal Floor Area Ground Floor Sales 247 sq ft Ground Floor Cafe - 482 sq ft Ground Floor Kitchen - 202 sq ft First Floor - 836 sq ft Second Floor - 834 sq ft

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£2,054 per month
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Stamp Duty tax
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£1,250
Mortgage and legal costs:
£999
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