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Southgate, Ripon

Yorkshire

£100,000
Listed on 04/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This building plot presents a noteworthy opportunity for those looking to invest in a residential project in the well-regarded cathedral city of Ripon. Measuring approximately 200m², the site is conveniently located just behind Southgate Fish and Chip Shop, providing easy access to local amenities, schools, and transport links. Full planning permission is already secured for the construction of a three-bedroom detached house, designed to offer spacious family living. The proposed layout includes an entrance hall that leads into a comfortable lounge and an open dining kitchen, complemented by a utility room and cloakroom/WC on the ground floor. The first floor is designated for three bedrooms along with a family bathroom. This plot stands out as an appealing option for self-build enthusiasts or developers keen to craft a tailored residence in a thriving neighborhood. With its strategic location and existing planning approval, it offers significant potential for customization and future value enhancement. For inquiries regarding services, it is believed that mains utilities are available nearby; however, prospective buyers should verify these details independently. Viewing of the site is available by appointment only.

Investment Analysis

(HG4 area)
Area Average
£295/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
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
9%
Properties sold annually

Local Market Trend (HG4)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on HG4 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

Southgate, Ripon
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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
£366
Based on a loan of £75,000 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