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Red Bank Road, Ripon, North Yorkshire, HG4

Yorkshire

£250,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
756 sqft

Description

This detached bungalow, nestled in a tranquil cul-de-sac on the desirable south side of Ripon, presents a valuable opportunity for those looking to invest in a property that can be tailored to their personal tastes. While the home currently requires comprehensive modernisation, it holds significant promise for renovations and extensions, allowing buyers to craft their dream living space. The layout includes an entrance porch that leads into a spacious kitchen outfitted with built-in cabinetry. A central hallway connects to two generous double bedrooms, a bright living room featuring a gas fireplace and patio doors that access the front garden, as well as a bathroom equipped with a three-piece suite and extra storage options. Outside, the property is complemented by a private driveway suitable for multiple vehicles and a manageable front garden. A single garage adds further convenience alongside additional rear storage space. The expansive rear garden is primarily lawned with a small patio area, providing an ideal retreat for relaxation or gatherings while ensuring privacy. Located in the historic city of Ripon—rich in heritage and community spirit—this property is well-positioned near local amenities including shops, restaurants, leisure facilities, and quality schools such as Ripon Grammar. Additionally, excellent transport links connect residents easily to surrounding areas like Harrogate and Thirsk, making it an attractive base for exploring the beautiful Yorkshire countryside.

Investment Analysis

(HG4 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£331/sq ft
Area Average
£297/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£246,694
10% above area average per sq ft
Potential ROI
-17.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HG4)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +3.7%
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

Red Bank Road, Ripon, North Yorkshire, HG4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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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