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Flaxby, Knaresborough, North Yorkshire, HG5

Yorkshire

£345,000
Listed on 19/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1210 sqft

Description

This charming three-bedroom semi-detached cottage presents a unique opportunity for renovation enthusiasts and investors alike. Nestled in a desirable semi-rural area, the property overlooks a picturesque green, adding to its appeal. With substantial potential for extension (subject to the necessary approvals), this home invites creativity to enhance its existing character and functionality. The layout features a spacious entrance porch that provides a welcoming view of the front garden. Inside, you will find a hallway leading to an inviting sitting room adorned with attractive beamed ceilings and equipped with a multi-fuel burning stove, perfect for cozy evenings. A practical understairs storage cupboard adds convenience to the space. The kitchen, featuring a window overlooking the rear garden, includes matching wall and base units along with a Rayburn that supplies central heating. Steps lead down to a dining area that opens into a conservatory, which offers further views of the back garden—a great spot for relaxation or family gatherings. A ground-floor WC completes this level. Upstairs, there are three bedrooms complemented by a house bathroom fitted with a white three-piece suite and shower over the bath. Each room holds potential for modernization or reconfiguration according to your vision. Externally, the property boasts ample off-street parking via a gravel driveway leading to a detached garage. The front lawn features flowerbed borders and views over the green, while the rear garden offers generous space laid mostly to lawn with both patio areas and scenic vistas towards open fields—ideal for outdoor entertainment or family activities. Located within this sought-after semi-rural community, residents enjoy easy access to major commuting routes including the A1/M1 corridor, linking you swiftly to key commercial centers in Yorkshire and beyond. The nearby town of Knaresborough and Harrogate’s spa attractions provide additional amenities and recreational options. With its combination of charm, location benefits, and significant renovation potential, this property is well-suited for those looking to invest in future growth or create their dream home in an idyllic setting.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -14.0% below area average per sq ft

-14.0%
Potential saving
This Property
£285/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£34,500 - £86,250
10-25% of property value
Target Value
£441,093
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Monthly Sales
21
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (HG5)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -6.6%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on HG5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Flaxby, Knaresborough, North Yorkshire, HG5
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