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Franklin Road, Harrogate HG1 5ED - Image 1
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Franklin Road, Harrogate HG1 5ED

Yorkshire

£375,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
2183 sqft

Description

This Harrogate property presents a rare chance for redevelopment with strong investment potential. Currently divided into three one-bedroom flats, the building is situated in a desirable area within walking distance of local amenities. Each flat features its own kitchen and spacious living area, but the overall condition suggests that significant renovation is required. The ground floor flat includes an accessible cellar and a shower room, while the upper flats have bathrooms. Notably, the property lacks central heating and all units are rated F on their EPCs, indicating a clear need for substantial upgrades to meet modern living standards. With planning permission recently granted for additional residential units nearby, this could be an excellent opportunity to transform the existing structure into two or three rental properties or restore it into a single family home. Given its conservation area location, careful consideration will be needed regarding any renovation plans.

Investment Analysis

(HG1 area)

Below Market Value

This property is priced -44.9% below area average per sq ft

-44.9%
Potential saving
This Property
£172/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£748,725
10% above area average per sq ft
Potential ROI
+64.6%
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

Franklin Road, Harrogate HG1 5ED
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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