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Aspin Lane, Knaresborough, North Yorkshire, HG5

Yorkshire

£300,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
985 sqft

Description

This traditional three-bedroom semi-detached home presents a significant opportunity for renovation and investment. Nestled within a desirable residential area, the property is set back from Aspin Lane and is in need of comprehensive modernization throughout. The layout includes a welcoming central reception hall with a staircase leading to the first floor. An attractive bay-fronted through lounge features an electric flame effect insert fireplace, while the separate dining room comes equipped with built-in cupboards, flowing into a kitchen that offers additional pantry space and an entrance porch. Upstairs, you'll find two generously sized double bedrooms that benefit from pleasant front-facing views, along with a third single bedroom and a three-piece bathroom suite. With electric heating and one gas heater in place, this home is ready for extensive updates to enhance its value. Located conveniently close to town centre amenities, recreational facilities, schools, and a railway station with mainline links, this property also boasts easy access to the southern bypass and A1(M) for commuting across North and West Yorkshire. The home is being sold as freehold with off-street parking available alongside a single garage. With mains utilities already connected including electricity, water, drainage, and gas, prospective buyers should consider this property's potential to create a modern family residence or rental investment.

Investment analysis

(HG5 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£305/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£357,663
10% above area average per sq ft
Potential ROI
+2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -2.5%
5 year growth: +11.5%
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

Aspin Lane, Knaresborough, North Yorkshire, HG5
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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
£1,133
Based on a loan of £225,000 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.

Stamp duty calculator

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