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Palace Road, Ripon, North Yorkshire, HG4 - Image 1
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Palace Road, Ripon, North Yorkshire, HG4

Yorkshire

£450,000
Listed on 31/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1603 sqft

Description

This spacious bungalow presents an exciting refurbishment opportunity in a desirable area of Ripon, known for its appealing residential appeal. Set on a generous plot exceeding a third of an acre, the property is ideal for investors or those aiming to create their perfect home through modernization and improvement. The home's layout spans two floors, featuring a large living/dining area and multiple bedrooms that offer ample space for reconfiguration according to contemporary designs. Although it requires updating, it boasts extensive gardens providing privacy and outdoor potential, along with a garage and workshop that could be repurposed or renovated further. Positioned conveniently near the city center, the property enjoys easy access to local amenities, including shops and schools, while also being well-connected via major road links. This is a rare opportunity for buyers looking to enhance value in an attractive location.

Investment Analysis

(HG4 area)

Below Market Value

This property is priced -4.6% below area average per sq ft

-4.6%
Potential saving
This Property
£281/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£209
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£519,116
10% above area average per sq ft
Potential ROI
-5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Palace Road, Ripon, North Yorkshire, HG4
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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
£1,623
Based on a loan of £337,500 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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