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Greenholme, Forest Moor Road

Yorkshire

£795,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
1942 sqft

Description

This four-bedroom detached house presents a significant opportunity for investment or development, situated on an elevated plot that boasts impressive views of Knaresborough. Offered for the first time in over four decades, this property showcases a unique blend of solid construction and substantial potential for modernization and expansion. The location is ideal, combining access to local amenities with the charm of Knaresborough's historic centre nearby. Notably, full planning permission has been secured for a two-storey rear extension and a detached double garage at the front, which greatly reduces risk for prospective buyers looking to expand the living space and enhance property value. Documentation regarding these plans is readily available. Internally, the layout currently features spacious rooms with opportunities for reconfiguration. The ground floor includes a welcoming reception hall, a bay-windowed sitting room, a formal dining area, a family kitchen with an adjacent utility space, along with a ground-floor shower room and additional flexible living areas—ideal candidates for an open-concept redesign or luxurious finishes. Upstairs, you will find four well-proportioned bedrooms surrounding a traditional landing. The principal suite enjoys a private balcony that captures panoramic rural views, presenting an attractive focal point that could further elevate appeal. A family bathroom completes the upper level's offering. The expansive grounds are home to mature trees and private terraces and provide ample space to implement landscaping enhancements alongside approved construction plans. A private driveway facilitates parking while existing garage structures add functionality. With its excellent connectivity to Harrogate, Leeds, and major road networks like the A1(M), this property stands out as not just a family home but as an asset poised for significant value growth through strategic renovation and expansion efforts.

Investment Analysis

(HG5 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£409/sq ft
Area Average
£336/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£718,724
10% above area average per sq ft
Potential ROI
-17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +4.2% over the last 12 months
3 year growth: -4.4%
5 year growth: +13.7%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,816
Based on a loan of £596,250 over 30 years at 3.91% 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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