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Balk, Thirsk, North Yorkshire, YO7

Yorkshire

£750,000
Listed on 29/12/2025

Property Details

Bedrooms
6
Type
Detached
Area
3374 sqft

Description

This distinctive period residence, set on an expansive plot at the foot of the Hambleton Hills, boasts significant renovation and investment potential. Originally a spacious family home, it has been divided into two separate dwellings, making it perfect for multi-generational living or generating rental income. The main house features a grand entrance hall leading to two ample reception rooms and a sizable kitchen/breakfast area that connects to a rear hallway and a convenient downstairs shower room. A garden room off the kitchen adds extra versatility. The first floor hosts three well-proportioned bedrooms complemented by a family bathroom. The adjoining cottage, once part of the original structure, has been extended to provide a roomy three-bedroom home with multiple ground floor reception areas along with a kitchen/breakfast room and utility space. Additionally, the property includes several insulated outbuildings measuring 2939 square feet, currently functioning as a business showroom but holding great promise for conversion into additional living spaces (subject to obtaining planning permissions). Situated behind a large gravel driveway accommodating ample vehicles, this substantial property is nestled within approximately an acre of mature gardens that offer seclusion and tranquility. Located near the North York Moors National Park, this home benefits from excellent transport links via the A19 and A1. Nearby amenities in Bagby are just under one mile away, while Thirsk offers further services only two miles distant, making it ideal for those seeking both countryside serenity and urban convenience.

Investment Analysis

(YO7 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£222/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,066,842
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (YO7)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +1.1%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on YO7 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

Balk, Thirsk, North Yorkshire, YO7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,676
Based on a loan of £562,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-16.2% since listed
£750,000£50,000(-6.3%)
16/11/2025
Current price
£800,000£75,000(-8.6%)
13/03/2025
£875,000£20,000(-2.2%)
08/01/2025
£895,000Initial listing
25/04/2024

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