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13 Park Row, Knaresborough

Yorkshire

£350,000

Listed on 10/06/2026

Property Details

Bedrooms
4
Type
House
Area
1528 sqft

Description

This property presents a unique investment opportunity in the heart of Knaresborough, featuring a freehold block comprising two spacious self-contained two-bedroom apartments. With private parking available for up to four vehicles, this asset not only promises immediate income generation potential with an estimated combined gross rental income of £22,800 per annum but also offers significant long-term capital growth possibilities. Each apartment is well-laid out, with Flat 1 on the ground floor boasting a bright lounge and private outdoor area, while Flat 2 on the first floor features a dual-aspect lounge and separate W/C. The attractive communal courtyard enhances the overall appeal. Investors will appreciate the benefits of freehold ownership and the option to explore various asset management strategies, including potential reconfiguration into a single dwelling, subject to obtaining necessary permissions. Given the prime location and strong rental demand in Knaresborough, this property stands as an excellent addition for both seasoned buy-to-let investors and those looking at redevelopment opportunities.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -31.1% below area average per sq ft

-31.1%
Potential saving
This Property
£229/sq ft
Area Average
£332/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£558,614
10% above area average per sq ft
Potential ROI
+39.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +7.7% over the last 12 months
3 year growth: -1.8%
5 year growth: +14.2%
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

13 Park Row, Knaresborough
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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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