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Halfpenny Lane, Knaresborough, HG5 - Image 1
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Halfpenny Lane, Knaresborough, HG5

Yorkshire

£250,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1178 sqft

Description

This three-bedroom semi-detached house sits on a spacious plot, ripe for modernization that can transform it into an ideal family residence. The property features an entrance hall leading to a generous sitting room bathed in natural light thanks to a large front-facing window. A charming stone fireplace with a gas fire serves as the room's focal point and connects seamlessly to the extended dining room, which boasts sliding patio doors that open onto the rear garden, providing ample opportunities for creating a bright and inviting space for gatherings. The kitchen includes essential wall and base units, a stainless steel sink unit, and gas hob with extractor fan, along with plumbing provisions for white goods. Accessing the side store from here opens up additional storage options or possible adaptation potential subject to planning permissions. Upstairs, the landing offers access to three bedrooms—two of which are doubles benefiting from fitted cupboards—while the third bedroom cleverly utilizes built-in wardrobes to maximize space. The bathroom contains a traditional three-piece suite, complemented by tiling and natural light from a side-facing window. Outside, both front and rear gardens provide considerable outdoor space with mature boundaries. A driveway accommodates off-street parking. The expansive rear garden is mainly laid to lawn and presents significant scope for extensions or landscaping enhancements, provided necessary consents are obtained.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -36.4% below area average per sq ft

-36.4%
Potential saving
This Property
£212/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£432,603
10% above area average per sq ft
Potential ROI
+44.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.0%
5 year growth: +11.9%
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

Halfpenny Lane, Knaresborough, HG5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 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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