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Low Mill Mews, Ripon, North Yorkshire

Yorkshire

£140,000

Listed on 18/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
801 sqft

Description

This two-bedroom terraced house situated in a modern development in Ripon presents an excellent opportunity for investors or those looking to put their personal touch on a property. While the interior maintains a contemporary feel, it requires some cosmetic updates to realize its full potential. The home features a delightful enclosed rear garden and the convenience of a driveway equipped with an electric charger, catering to modern living needs. Ripon is known for its vibrant market town atmosphere, offering an array of local shops, schools, and supermarkets, with easy access to major road networks enhancing its appeal. Given the current state and location, this property could significantly benefit from targeted renovations that would increase both comfort and value.

Investment Analysis

(HG4 area)

Below Market Value

This property is priced -41.5% below area average per sq ft

-41.5%
Potential saving
This Property
£175/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£263,096
10% above area average per sq ft
Potential ROI
+59.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HG4)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +14.2%
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

Low Mill Mews, Ripon, 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
£499
Based on a loan of £105,000 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.

Stamp Duty Calculator

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