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Queens Road, Knaresborough

Yorkshire

£150,000
Listed on 21/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
560 sqft

Description

This mid-terrace house presents a remarkable renovation opportunity in a sought-after residential area. With two bedrooms and a layout that includes a sitting room, kitchen space, and a bathroom, the property offers a solid foundation for those looking to invest in a project that can be tailored to modern living standards. The front features an enclosed paved garden bordered by fencing and a hand gate, while the rear offers a south-westerly facing low-maintenance paved garden complete with fencing and access to a pathway. These outdoor spaces provide potential for landscaping or creating an inviting outdoor retreat. Located just a short distance from Knaresborough's historic town center and market square, this property benefits from proximity to essential amenities. Local bus and train services are easily accessible, along with reputable primary and secondary schools within the vicinity. Additional shopping options on Chain Lane cater to everyday needs, while the A59 provides straightforward access to major routes including the A1, facilitating travel to both York and Leeds. Please note that the property requires extensive renovations, including the absence of a fitted kitchen, which may influence financing options for potential buyers. This presents an ideal scenario for cash buyers seeking to realize their vision for this home while capitalizing on its promising location.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£268/sq ft
Area Average
£333/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£204,882
10% above area average per sq ft
Potential ROI
-10.9%
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

Queens Road, 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
£549
Based on a loan of £112,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE