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Thistle Hill, Knaresborough, North Yorkshire, HG5

Yorkshire

£545,000
Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Plot

Description

This property presents a valuable development opportunity situated on 0.43 acres at the edge of Knaresborough's vibrant market town, in Thistle Hill. With existing planning permission for four residential units, the site is primed for transformation through a combination of demolition, conversion, and new build projects. The opportunity encompasses the demolition of a single dwelling and the construction of three new semi-detached homes alongside the conversion of a workshop into an additional residential unit. Specifically, plans include two 3-bedroom semi-detached houses (each approximately 1,260 sq ft) and a 4-bedroom dormer bungalow (around 1,329 sq ft), along with a detached 3-bedroom property (approximately 1,582 sq ft). Located in Calcutt village with convenient access to Knaresborough's amenities and quick links to the A1 motorway, this site boasts both accessibility and potential for profit. Current utilities including water, electricity, and data connections are reported to be available at the site. Buyers are advised to perform due diligence regarding these services. Prospective developers will appreciate that full planning permission is already secured from Harrogate Borough Council with implementation processes underway ahead of an application expiry set for May 2025. This opportunity not only offers immediate income potential but also long-term value growth in a sought-after area.

Investment Analysis

(HG5 area)
Area Average
£334/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +5.2% over the last 12 months
3 year growth: -2.2%
5 year growth: +14.2%
Investment Disclaimer: Analysis based on HG5 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

Thistle Hill, Knaresborough, North Yorkshire, HG5
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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
£1,944
Based on a loan of £408,750 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

This calculation uses non-residential (land/commercial) tax rates.

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