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Hungate, Bishop Monkton, Harrogate, North Yorkshire

Yorkshire

£600,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1152 sqft

Description

This charming three-bedroom detached dormer bungalow, set on an impressive plot of approximately one-third of an acre in the desirable village of Bishop Monkton, presents a significant opportunity for complete modernization. The property features a gravel driveway with ample parking for several vehicles, along with a garage/workshop and brick storage sheds, which provide useful additional space. Currently, the ground floor comprises a spacious living/dining area, a sunlit sunroom, a kitchen, a double bedroom, and a family bathroom. Upstairs, you’ll find two further double bedrooms. The plot benefits from beautiful gardens surrounding three sides of the house and offers greater potential for development (subject to planning permissions). This property is ideal for buyers seeking to invest in a renovation project in an area known for its strong community spirit and amenities. With no onward chain, this presents a timely opportunity. Bishop Monkton itself is a quaint village conveniently located between Harrogate and Ripon. It boasts local pubs, schools, playing fields, and has excellent commuter access to the A1(M). The nearby town of Ripon offers an extensive range of services including shops, restaurants, leisure options like Ripon Racecourse, and high-performing schools such as Ripon Grammar School.

Investment Analysis

(HG3 area)

Above Market Value

This property is priced +48.3% above area average per sq ft

+48.3%
This Property
£521/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£368
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£445,041
10% above area average per sq ft
Potential ROI
-35.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HG3)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -2.8%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on HG3 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

Hungate, Bishop Monkton, Harrogate, North Yorkshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,141
Based on a loan of £450,000 over 30 years at 3.97% 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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