Worst House on the Street Logo
Market Place, Thirsk - Image 1
Market Place, Thirsk - Image 2
Market Place, Thirsk - Image 3
Market Place, Thirsk - Image 4
Market Place, Thirsk - Image 5
Market Place, Thirsk - Image 6

Market Place, Thirsk

Yorkshire

£295,000
Listed on 13/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1883 sqft

Description

This substantial freehold property spans approximately 1,883 sq ft and is strategically located just off the Market Square, providing a versatile space that can adapt to various uses. Currently set up as a flexible workspace, the building features generous dimensions distributed over two floors, offering an array of large rooms suitable for multiple configurations. Its central position ensures easy access to local amenities and transport, making it appealing for both commercial operations or potential residential conversion, contingent on obtaining the necessary planning permissions. Entering through the main reception area on the ground floor, you will find a series of well-proportioned spaces including a significant community workspace at the front and additional communal areas that benefit from ample natural light. The ground floor also contains essential facilities such as WC units, a small office, and storage areas that could be reimagined or optimized in a future renovation. The first-floor layout includes another expansive collaborative workspace accessed from a central landing, further enhancing its appeal for various commercial applications or as part of a residential design plan, again pending approval from local authorities. With its combination of size, location near the heart of town, and flexibility in layout options, this property presents an excellent opportunity for investors or developers looking to capitalize on its potential. Whether pursuing continued commercial use or considering subdivision into individual office units or living spaces, this property offers numerous avenues for development.

Investment Analysis

(YO7 area)

Below Market Value

This property is priced -44.6% below area average per sq ft

-44.6%
Potential saving
This Property
£157/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£585,660
10% above area average per sq ft
Potential ROI
+56.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (YO7)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +1.1%
5 year growth: +7.7%
Investment Disclaimer: Analysis based on YO7 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, Thirsk
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,064
Based on a loan of £221,250 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.