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Greenholme, Forest Moor Road

Yorkshire

£795,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1942 sqft

Description

This substantial four-bedroom detached home presents a unique investment opportunity, encompassing both planning approval and expansive potential. Set on an elevated plot with captivating views of Knaresborough, the property has been held by the same owners for over 40 years, highlighting its long-term desirability and foundation for future value enhancement. The existing layout is generous and adaptable, making it an ideal candidate for modernisation and reconfiguration. The ground floor features a welcoming reception hall, a bay-fronted living room, a formal dining area, and a family kitchen with utility space—alongside a versatile snug perfect for open-plan transformations. On the first floor, four well-proportioned bedrooms are arranged around a central landing, including a principal suite that boasts its own balcony with superb rural vistas—a feature poised to attract premium interest in the market. Significantly, full planning permission has been granted for an extensive two-storey rear extension and the addition of a detached double garage at the front—streamlining the path to further increasing square footage and property value while mitigating risks associated with development. The exterior offers ample private grounds with mature landscaping and fruit trees, alongside a secluded terrace that could be enhanced through strategic landscaping initiatives. A private driveway adds convenience with sufficient parking and existing garage facilities. Located conveniently near Knaresborough's historic centre as well as local amenities, this property benefits from excellent transport links to Harrogate, Leeds and the A1(M), ensuring strong appeal across diverse buyer demographics. In summary, this residence not only embodies character but also represents a scalable asset ripe for refurbishment and strategic repositioning.

Investment Analysis

(HG5 area)

Above Market Value

This property is priced +22.8% above area average per sq ft

+22.8%
This Property
£409/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£712,102
10% above area average per sq ft
Potential ROI
-20.4%
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
21%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +4.8% over the last 12 months
3 year growth: -5.6%
5 year growth: +14.7%
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

Greenholme, Forest Moor Road
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,867
Based on a loan of £596,250 over 30 years at 4.06% 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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