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Raw Gap, Knaresborough, North Yorkshire, HG5

Yorkshire

£325,000
Listed on 09/01/2026

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1620 sqft

Description

This spacious four/five bedroom home is nestled in the historic town of Knaresborough, presenting a unique opportunity for buyers with an eye for renovation. The property requires comprehensive modernization throughout, making it ideal for investors or families looking to create their dream home. Conveniently located just off the vibrant High Street, this residence features a desirable courtyard and additional garden space. Entering the property, you are welcomed by a hallway that leads to two reception rooms and gives access to the staircase leading to the first floor. The ground level offers flexible living options, including a kitchen with basic storage and space for free-standing appliances, as well as a family room that could easily serve as an additional bedroom thanks to its ensuite wet room. On the upper floors, there are four generously sized bedrooms; two on the first floor, one with fitted wardrobes, and two more on the second floor. An existing house bathroom provides essential facilities but would benefit from modern updates. Outside, the property boasts a flagged courtyard framed by stone boundary walls and a further garden area which requires some landscaping work. The home also benefits from wheelchair accessibility on the ground floor, making it suitable for multigenerational living or potential self-contained accommodation. Local amenities include recreational facilities such as a swimming pool and excellent transport links via nearby railway stations and major roads connecting to Leeds, Bradford, Harrogate, and York. Overall, this is a rare chance to acquire a substantial family residence in Knaresborough at an attractive price point that holds great potential for value appreciation through renovation.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -39.9% below area average per sq ft

-39.9%
Potential saving
This Property
£201/sq ft
Area Average
£334/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£594,743
10% above area average per sq ft
Potential ROI
+54.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -6.5%
5 year growth: 13.8%
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

Raw Gap, Knaresborough, North Yorkshire, HG5
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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
£1,191
Based on a loan of £243,750 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