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Melmerby, Ripon, HG4

Yorkshire

£450,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1125 sqft

Description

Nestled in the charming village of Melmerby, this substantial detached true bungalow is set within roughly one third of an acre, offering an abundance of space and remarkable renovation potential, pending necessary planning permissions. The property features extensive gardens, ample off-road parking, and versatile outbuildings that could be transformed for home office use or potentially converted into holiday accommodations. Ideal for buyers seeking a project with options to enhance value and functionality. The spacious layout includes three generously sized double bedrooms, with the main bedroom benefiting from its own dressing area and en-suite shower room. A family bathroom serves the additional bedrooms, while a welcoming entrance hall leads to a delightful garden room, which acts as a bright transition space to the outdoors. The galley kitchen connects seamlessly to a large lounge complete with a cozy wood-burning stove. Outside, the expansive grounds provide both privacy and ample outdoor living space. In addition to the well-manicured gardens, there are useful structures like a summerhouse and greenhouses that cater to gardening enthusiasts. A separate workshop/storage area is particularly noteworthy as it presents exciting possibilities for conversion into an art studio, private office, or even short-term rental accommodation—subject to local council approvals. This property not only offers versatility but represents an excellent investment opportunity in a warm community with plenty of local amenities.

Investment Analysis

(HG4 area)

Above Market Value

This property is priced +35.9% above area average per sq ft

+35.9%
This Property
£400/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£209
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£364,320
10% above area average per sq ft
Potential ROI
-28.6%
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

Melmerby, Ripon, HG4
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Mortgage Calculator

£
£
£
%
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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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