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Flaxby, Knaresborough, North Yorkshire, HG5

Yorkshire

£345,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1210 sqft

Description

This charming three-bedroom semi-detached cottage presents a distinct opportunity for those looking to invest in a property with substantial renovation potential. Nestled in a peaceful semi-rural setting, this home overlooks a picturesque green and offers ample parking along with a detached garage. The property is ripe for extension, subject to obtaining necessary permissions, making it an appealing project for both homeowners and investors alike. The residence features an inviting entrance porch that opens up to an attractive front garden, leading into a hallway with staircase access to the upper floor. The primary living area showcases beautiful beamed ceilings and offers views of the green, enhanced by a multi-fuel burning stove—ideal for creating a cozy atmosphere. The kitchen includes a window that looks out onto the rear garden and comprises wall and base units alongside an operational Rayburn that provides central heating. A few steps lead down to the dining area which connects seamlessly to a conservatory overlooking the spacious rear garden; this outdoor space is perfect for entertaining or family activities. Additionally, there is a conveniently located ground-floor WC. Upstairs hosts three bedrooms alongside a bathroom equipped with a white three-piece suite and shower over the bath. Outside, the gravel driveway allows for ample off-street parking while the extensive lawned gardens provide lovely views towards open fields beyond. This property's appeal is further heightened by its proximity to major transport links, facilitating easy commutes to bustling centers like York and Harrogate. With its combination of character, location, and potential for enhancement, this cottage represents an increasingly rare find in today’s market.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -14.3% below area average per sq ft

-14.3%
Potential saving
This Property
£285/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£442,691
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (HG5)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -9.5%
5 year growth: 10.9%
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.

Location

Flaxby, Knaresborough, North Yorkshire, HG5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,264
Based on a loan of £258,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE