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Main Street, Scotton, Knaresborough, North Yorkshire, HG5

Yorkshire

£300,000

Listed on 18/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
1265 sqft

Description

This expansive two-bedroom detached bungalow presents a promising opportunity for renovation and investment. Nestled in a highly regarded village, the property features private courtyard gardens and off-street parking. While it is equipped with gas central heating and uPVC double glazing, modernisation is required to fully realise its potential. The layout includes a central reception hall that leads to a generously sized lounge, complete with a feature fireplace and dual aspect windows, enhancing natural light throughout the space. The dining kitchen boasts matching wall and base units alongside granite work surfaces, although updates will be necessary for contemporary functionality. A rear entrance hall offers plumbing for a washing machine and access to an inviting terrace, perfect for entertaining guests. Two double bedrooms on the ground floor come with walk-in wardrobes, adding convenience to the living arrangement. Furthermore, an attic space provides additional storage along with an extra shower room—which could be transformed into a guest suite or home office. The outdoor area consists of ample driveway parking and a deep front lawn offering privacy from nearby streets. Conveniently located near Knaresborough, this property benefits from local amenities including shops, schools, and public transport links, making it an ideal candidate for those looking to invest in renovation projects within a desirable community.

Investment analysis

(HG5 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£237/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£459,334
10% above area average per sq ft
Potential ROI
+31.2%
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

Main Street, Scotton, 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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