Worst House on the Street Logo
Smelthouses, Harrogate, North Yorkshire, HG3 - Image 1
Smelthouses, Harrogate, North Yorkshire, HG3 - Image 2
Smelthouses, Harrogate, North Yorkshire, HG3 - Image 3
Smelthouses, Harrogate, North Yorkshire, HG3 - Image 4
Smelthouses, Harrogate, North Yorkshire, HG3 - Image 5

Smelthouses, Harrogate, North Yorkshire, HG3

Yorkshire

£1,250,000
Listed on 11/11/2025

Property Details

Bedrooms
5
Type
Detached house
Area
5002 sqft

Description

This unique property portfolio in a picturesque Nidderdale location spans approximately 3.5 acres and includes a diverse mix of buildings, each offering considerable potential for those looking to invest or renovate. At the heart of this collection is East House, a period family residence featuring four to five bedrooms within its expansive 2,743 square feet. This Victorian home boasts elegant reception areas and a spacious family kitchen that connects with a practical utility and boot room. The upper level features flexible accommodation with up to five bedrooms and two bathrooms, while the lower ground floor includes two substantial vaulted cellars for additional storage. Adjacent to East House is The Old Smithy, a self-contained one-bedroom apartment spanning about 530 square feet, perfect for accommodating guests or relatives. Below it, you’ll find ample storage space available through a series of storerooms. Dipper Bank adds further appeal as an impressive three-bedroom barn conversion, currently offering over 1,700 square feet of living space. A separate attached barn presents an exciting development opportunity with the potential to create an additional 1,340 square feet of accommodation, pending planning approval. The property also features various outbuildings, including a stone structure used as a carport and storage area. Recent years have seen The Old Smithy and Dipper Bank generate an annual rental income of £24,000; both properties are currently occupied under assured shorthold tenancies. Surrounded by beautifully landscaped gardens that blend lawns and woodland paths with an enclosed paddock and even a stone barn, the grounds provide plenty of outdoor space. Despite its serene setting by the beck—once vital to local industrial activity—the location offers convenient access to nearby towns such as Harrogate, Ripon, and Pateley Bridge. This portfolio not only highlights individual charm but also presents multiple avenues for investment or renovation tailored to your vision. Whether for multi-generational living or generating rental income, this unique set of properties stands out as an excellent opportunity in today’s market.

Investment Analysis

(HG3 area)

Below Market Value

This property is priced -28.9% below area average per sq ft

-28.9%
Potential saving
This Property
£250/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£335
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,934,849
10% above area average per sq ft
Potential ROI
+29.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HG3)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -2.9%
5 year growth: 0.9%
Investment Disclaimer: Analysis based on HG3 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.

Get Financing

Partnered with Yellow Brick Mortgages

5.0k+ 5-star reviews
Save £200 with code WHOTS
No obligation, free consultation

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

Location

Smelthouses, Harrogate, North Yorkshire, HG3
Loading map...