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Aspin Park Lane, Knaresborough, North Yorkshire, HG5

Yorkshire

£465,000
Listed on 28/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1510 sqft

Description

This three-bedroom detached home presents a spacious layout and ample renovation potential, making it an excellent opportunity for investors or buyers looking to personalize their living space. Nestled in a desirable residential area, the property features established gardens, off-street parking, and a garage—all desirable attributes that enhance its appeal. While the home is currently in need of modernization, its generous living areas provide a solid foundation for creative improvements. The reception hall welcomes you with practical storage options, including a cloaks cupboard and airing cupboard. The lounge is well-sized and offers pleasant views over the front garden, complemented by a gas fire. An archway connects to the dining room, which boasts sliding patio doors leading to the private rear garden, perfect for future enhancements. The kitchen is functional, equipped with wall and base units that can be upgraded to meet contemporary standards. A utility room provides additional storage and leads directly to the inner hall with access to the garden. Accommodation on this level includes a double bedroom alongside a house bathroom. Additionally, there is a versatile large sitting room or study area and another double bedroom featuring built-in wardrobes. On the first floor, there’s another well-proportioned double bedroom with built-in storage and long-distance views from the window. Access to an en-suite w/c and substantial loft space adds further value. Outside, the property benefits from ample off-street parking leading to an integrated single garage. The rear garden offers a serene retreat with established landscaping, including a large terrace area and pond featuring a waterfall—ideal for outdoor gatherings once updated. Location-wise, this property combines peaceful living with convenient access to local amenities in the popular market town nearby. Residents will appreciate proximity to shopping facilities, recreational areas, schools, and transport links via the railway station connecting them to larger cities. Major roadways such as the southern bypass and A1/M ensure easy commutes throughout North and West Yorkshire. This residence not only offers immediate comfort but also presents significant investment opportunities through renovation efforts tailored to modern tastes and needs.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£308/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£338
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£553,694
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -5.6%
5 year growth: 12.9%
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.

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Location

Aspin Park Lane, Knaresborough, North Yorkshire, HG5
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