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Albert Place, Harrogate

Yorkshire

£195,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
840 sqft

Description

This two-bedroom terraced house presents a promising renovation opportunity for those interested in creating a personalized living space or seeking an investment property. With well-proportioned rooms throughout, the home invites a fresh vision that can enhance its original character. Upon entry, you are greeted by a hallway leading into a bay-fronted lounge featuring a fireplace, providing an inviting space to relax. Adjacent to this is the dining room, also equipped with a fireplace and practical understairs storage. At the rear of the property, the kitchen offers access to a courtyard garden, ideal for outdoor potential. Upstairs, the layout includes a landing that connects to two good-sized double bedrooms and a bathroom complete with necessary amenities like a bath and hand basin. These areas can be modernized and customized to elevate functionality and design. Externally, unrestricted on-street parking adds convenience for residents and guests alike. The south-facing courtyard garden at the rear provides an opportunity for landscaping or outdoor entertaining while benefiting from two external storage cupboards. Situated within walking distance of local amenities, this property boasts proximity to various shops, including convenience stores, butchers, hairdressers, and essential services like the Post Office. The nearby Starbeck train station connects to Harrogate, Knaresborough, York, and Leeds—making it ideal for commuters—with regular bus services enhancing accessibility to surrounding areas. For nature enthusiasts, scenic countryside walks are just moments away, leading down to the River Nidd and along cycling paths that extend through Ripley. This location enhances both lifestyle appeal and investment viability in a market with strong rental demand.

Investment Analysis

(HG1 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£232/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£288,103
10% above area average per sq ft
Potential ROI
+22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HG1)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -1.5%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on HG1 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

Albert Place, Harrogate
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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
£714
Based on a loan of £146,250 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