Lower Norwood Road, Norwood, Otley, West Yorkshire, LS21 2RA | Property for sale | Savills
1,333 sq ft(123.84 sq m)
Guide price £825,000(€940,674)

Lower Norwood RoadNorwood, Otley, West Yorkshire, LS21 2RA

  • Sold

Key features

  • Sold in August 2022
  • Fabulous setting overlooking picturesque valley
  • Excellent holiday home/business opportunity turning over in the region of £130,000 p.a.
  • Beautifully presented accommodation focusing on views
  • Generous gardens extending to around an acre
  • An area of outstanding natural beauty

A pair of Impressive architect designed timber lodges in an idyllic setting, with outstanding views across the Washburn Valley.

About this property

  • These impressive timber framed lodges have been designed and built by a local architectural practice, who wanted to create low impact buildings which took full advantage of the fabulous setting in one of the regions most picturesque valleys.

    The buildings are clad with Siberian larch, packed with insulation and topped with a reconstructed Cotswold stone, which reflects many of the local period buildings in the area. Large expanses of glazing flood the rooms with light and views which are impressive which ever way you look.

    On each of the ground floors there is a double-height entrance, a shower room, two bedrooms and a large open-plan living area incorporating a stylish fully fitted kitchen, sitting and dining area finished with striking oak flooring and warmed by a wood-burning stove. On the first floor is a generous principal suite with a decked balcony and spectacular views, a large bathroom and a laundry room. Outside, there is a decked verandah with a hot tub providing the perfect vantage point to sit and enjoy the surrounding countryside.

    The properties are approached via a sweeping gravel drive which arrives at the parking areas to the rear of the lodges. On either side and to the south are undulating lawned gardens extending to a naturally filled pond framed by white willows and silver birches from which the lodges take their names. Each lodge stands in approximately one acre of gardens and grounds.

    Whilst the last financial year of trading was affected by the various restrictions imposed during the pandemic, in the first year the lodges turned over around £110,000 and the 2021/22 accounts are currently showing a healthy increase in gross revenue of around £130,000 .

    Early forward projections indicate gross takings of £164,000 for the 21-22 tax year.

    Visit www.gorgeouscottages.com for more information and see more on Instagram at “washburnvalleylodges”

    View payable Stamp Duty for this property

Fabulous holiday homes and a lucrative business opportunity rolled into one.

Ed StoyleProperty agent

Local information

  • The lodges are set in an Area of Outstanding Natural Beauty, approximately eight miles to the west of Harrogate. The area combines the advantage of a particularly peaceful setting with easy access to the surrounding towns of Harrogate, Otley and Ilkley, all offering a superb range of facilities and excellent schooling. The West Yorkshire business centres of Leeds and Bradford are both within approximately fifteen miles. Leeds/Bradford International Airport and railway stations at Weeton and Menston are all within about a twenty minute drive.
  • Agents note - The lodges are subject to a thirty day continuous occupancy restriction.
  • The purchaser of Silver Birch will also liable for VAT @ 20% - the building having been constructed in 2019. Please ask for more details.
  • Please note all distances are approximate.

Additional information

  • EPC Exempt
  • Tenure: Freehold
  • Council Tax Band: TBC