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Harrowgate Lane, Bishopsgarth

North East

£215,000
Listed on 11/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1022 sqft

Description

This three-bedroom detached house is situated on a private plot, providing an excellent opportunity for renovation or investment. The property features substantial gardens, a detached garage, and three versatile reception rooms, making it a promising canvas for future enhancements. The layout offers practical living spaces, including an entrance hall leading to a downstairs WC, an office, a lounge, a dining room, and a kitchen. Upstairs, you'll find three bedrooms along with a bathroom. This configuration allows for multiple possibilities in reconfiguration or modernization to suit various lifestyles. In terms of utilities, the house benefits from gas central heating and mains sewerage. It possesses no known flooding risks or legal obligations that could complicate ownership. Standard broadband and mobile signal are available in the area, ensuring connectivity is not an issue. As a freehold property within Council Tax Band C, it provides potential investors or homeowners the flexibility to add value through renovations while enjoying the benefits of private outdoor space. The combination of location and existing features makes this home suitable for those looking to create their ideal living environment or capitalize on its investment potential.

Investment Analysis

(TS19 area)

Above Market Value

This property is priced +28.0% above area average per sq ft

+28.0%
This Property
£210/sq ft
Area Average
£164/sq ft
Avg Rent (weekly)
£167
Avg Yield
6.4%

Renovation Potential

Est. Renovation Cost
£21,500 - £53,750
10-25% of property value
Target Value
£184,762
10% above area average per sq ft
Potential ROI
-31.3%
After renovation
Monthly Sales
35
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (TS19)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 8.0%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on TS19 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

Harrowgate Lane, Bishopsgarth
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