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Park Gate, Knaresborough

Yorkshire

£375,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
786 sqft

Description

This substantial detached bungalow presents an excellent opportunity for renovators and investors, situated on a desirable corner plot with wrap-around gardens. The property has significant potential for extension or reconfiguration, subject to obtaining the necessary planning permissions. With no onward chain, it offers a seamless transition for those looking to make their mark. Upon entering the home, you are welcomed by a spacious entrance hall equipped with practical storage solutions. From here, you can access the open-plan kitchen and dining area, where the kitchen features a combination of wall and base units for ample storage. It is fitted with an integrated electric oven and hob, alongside provisions for an automatic washing machine and convenient side access. The dining area is generous enough to accommodate a freestanding table, making it ideal for gatherings and meals with family or friends. Adjacent to this space is the sitting room, which benefits from a large bay window that floods the area with natural light. A stone fireplace adds character to the room, providing a cozy focal point. The interior comprises three well-sized bedrooms positioned towards the back of the property. The first two bedrooms are comfortably sized doubles, while the third bedroom includes sliding doors that lead to the rear garden—allowing flexibility in its use as either an additional reception room or a home office. Completing the internal layout is a part-tiled shower room featuring a sizeable shower cubicle, low flush WC, and wash hand basin. This functional space meets all essential living needs while providing potential for modern updates. Outside, the property occupies an impressive corner plot predominantly laid to lawn, dotted with mature trees that enhance privacy. This generous outdoor area not only provides immediate enjoyment but also reveals exciting possibilities for expansion or landscaping projects. Additional features include a detached garage with an 'up & over' door and off-street parking options. Given its location and inherent flexibility, this property is likely to appeal to those looking for a project that can yield substantial returns through thoughtful renovation or development. Overall, this bungalow offers an intriguing prospect in terms of both living space and investment potential—and we highly recommend scheduling a viewing to fully appreciate its opportunities.

Investment Analysis

(HG5 area)

Above Market Value

This property is priced +43.1% above area average per sq ft

+43.1%
This Property
£477/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£338
Avg Yield
4.1%
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

Park Gate, Knaresborough
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