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Flat 3, 81 East Parade, Harrogate, North Yorkshire - Image 1
Flat 3, 81 East Parade, Harrogate, North Yorkshire - Image 2
Flat 3, 81 East Parade, Harrogate, North Yorkshire - Image 3
Flat 3, 81 East Parade, Harrogate, North Yorkshire - Image 4
Flat 3, 81 East Parade, Harrogate, North Yorkshire - Image 5

Flat 3, 81 East Parade, Harrogate, North Yorkshire

Yorkshire

£70,000Guide Price

Listed on 14/07/2026

Property details

Bedrooms
1
Type
Apartment
Area
502 sqft

Description

This one-bedroom apartment presents a compelling opportunity for investors looking to enhance their portfolio. Currently tenanted, it generates an annual rental income of £8,700, making it a stable investment from day one. The property is situated in central Harrogate, conveniently close to shops, dining options, parks, and public transport links. However, potential buyers should note that the interior will require modernisation and some cosmetic upgrades to meet contemporary standards. Lease details indicate a lengthy remaining term of 974 years, with ground rent and service charges pending confirmation from the seller. As such, this property not only offers immediate rental income but also significant potential for value enhancement through renovation.

Investment analysis

(HG1 area)

Below Market Value

This property is priced -55.5% below area average per sq ft

-55.5%
Potential saving
This Property
£139/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£173,059
10% above area average per sq ft
Potential ROI
+82.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HG1)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -0.3%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on HG1 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

Flat 3, 81 East Parade, Harrogate, North Yorkshire
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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
£264
Based on a loan of £52,500 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.

Stamp duty calculator

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