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Market Place, Masham, Ripon, North Yorkshire

Yorkshire

£545,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
2218 sqft

Description

Presenting an interesting investment opportunity, this Grade II listed property offers a unique blend of historical charm and modern living. Currently utilized as a holiday rental, it has been thoughtfully renovated with essential updates, including rewiring and plumbing. With its origins in the late 18th century, the building retains numerous character features while incorporating contemporary design elements throughout its three levels. The ground floor boasts two inviting reception areas—ideal for relaxation and entertainment—with an impressive open-plan kitchen and dining space that spans 27ft, complete with French doors that lead to a private courtyard garden. Upstairs, you will find well-sized bedrooms, including a principal suite with en suite bath, alongside additional versatile spaces that could be further enhanced or adapted. Outdoor appeal is provided by the tranquil walled garden at the rear, while the location benefits from proximity to local amenities and historic market activities.

Investment Analysis

(HG4 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£246/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£209
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£718,277
10% above area average per sq ft
Potential ROI
+22.8%
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
23%
Properties sold annually

Local Market Trend (HG4)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +5.9%
5 year growth: +17.8%
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

Market Place, Masham, Ripon, North Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,966
Based on a loan of £408,750 over 30 years at 4.06% 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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