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Harrowgate Lane, Bishopsgarth

North East

£215,000
Listed on 12/05/2025

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 +22.6% above area average per sq ft

+22.6%
This Property
£210/sq ft
Area Average
£172/sq ft
Avg Rent (weekly)
£160
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£192,969
10% above area average per sq ft
Potential ROI
-19.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (TS19)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 5.4%
5 year growth: 20.2%
Investment Disclaimer: Analysis based on TS19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£788
Based on a loan of £161,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE