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Swan Road, Harrogate, North Yorkshire, HG1 - Image 1
Swan Road, Harrogate, North Yorkshire, HG1 - Image 2
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Swan Road, Harrogate, North Yorkshire, HG1

Yorkshire

£499,950
Listed on 06/08/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
2347 sqft

Description

This Grade II listed townhouse presents a unique opportunity for renovation and investment in the heart of Harrogate. Spanning over 2,600 square feet across four storeys, Mercer House is currently configured as office space but has received full planning consent for residential conversion. This flexibility allows for creative development potential, catering to various market demands. Located with views of Valley Gardens, this property offers a prime position within a thriving community, surrounded by restaurants, shops, and cultural amenities. The nearby mainline station provides direct access to London Kings Cross in just three hours, enhancing its appeal for commuters and visitors alike. The existing layout supports multiple redevelopment options. Planning has been approved for the conversion into two luxury two-bedroom apartments or alternatively can be transformed into an elegant single-family residence. The interior features a grand entrance hall with an original staircase and bay windows that frame picturesque views of the gardens—a true reflection of the property's historic charm. Each floor offers generous spaces adaptable to modern living requirements. The ground floor features an impressive entrance leading to various rooms suitable for open-plan layouts. The upper levels contain ample room to create double bedrooms with en-suites and family bathrooms. A loft area on the top floor adds further potential as a home office or gym space. Investors will find that this property not only boasts significant capital uplift potential but also strong end-user appeal due to its desirable location and characterful features. The surrounding area is rich in leisure activities, including golf courses and scenic walks in Nidderdale Area of Outstanding Natural Beauty. With essential services connected and good mobile coverage, Mercer House stands as a noteworthy opportunity for discerning buyers looking to capitalize on Harrogate's residential market while preserving its unique heritage.

Investment Analysis

(HG1 area)

Below Market Value

This property is priced -31.7% below area average per sq ft

-31.7%
Potential saving
This Property
£213/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£804,974
10% above area average per sq ft
Potential ROI
+7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HG1)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -1.5%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on HG1 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

Swan Road, Harrogate, North Yorkshire, HG1
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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
£1,831
Based on a loan of £374,962 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