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Park Gate, Knaresborough

Yorkshire

£375,000
Listed on 28/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
786 sqft

Description

This expansive detached bungalow is situated on a desirable corner plot, surrounded by wrap-around gardens that provide an excellent opportunity for expansion, pending necessary planning approvals. The property is sold with no onward chain, making it an appealing option for buyers looking to invest or renovate. Upon entering, you're greeted by a spacious entrance hall complete with a handy fitted storage cupboard. The open-plan kitchen and dining area are accessed from the hall; the kitchen features a combination of wall and base units offering generous storage, as well as an integrated electric oven and hob. There’s also space allocated for an automatic washing machine and a side access door for added convenience. The dining space is sizable enough to accommodate a freestanding table, perfect for hosting gatherings. Adjacent to the entrance hall is the sitting room, characterized by a large bay window that invites natural light in. A stone fireplace with a tiled hearth and timber mantle serves as an attractive focal point. The bungalow comprises three well-proportioned bedrooms located towards the rear; two of these serve as good-sized doubles while the third includes sliding doors opening onto the rear garden, making it versatile enough to function as either an additional reception room or home office. Completing the internal layout is a part-tiled shower room featuring a spacious shower cubicle, low flush WC, and wash hand basin with mixer tap. Externally, the property boasts extensive gardens primarily laid to lawn alongside mature trees which offer significant potential for landscaping or further development (subject to planning). A detached garage with an 'up & over' door provides additional storage or parking options along with off-street parking facilities. An internal inspection is highly recommended due to its renovation potential and overall investment viability.

Investment Analysis

(HG5 area)

Above Market Value

This property is priced +43.4% above area average per sq ft

+43.4%
This Property
£477/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£287,566
10% above area average per sq ft
Potential ROI
-30.7%
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

Park Gate, Knaresborough
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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
£1,374
Based on a loan of £281,250 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