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Queens Road, Knaresborough HG5 - Image 1
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Queens Road, Knaresborough HG5

Yorkshire

£150,000
Listed on 20/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
560 sqft

Description

This two-bedroom mid-terrace house presents a significant renovation opportunity in a well-regarded residential area. While the property requires a comprehensive update, it offers the potential for buyers to design a personalized living space that reflects their individual style and preferences. The current layout includes a sitting room, kitchen area, two bedrooms, and a bathroom. Outside, the property features an enclosed paved garden at the front with perimeter fencing and a hand gate, as well as a low-maintenance paved garden in the rear that benefits from south-westerly exposure. This outdoor space also includes a timber shed and additional fencing for privacy. Situated on Queens Road, this property is just a short distance from the historic center of Knaresborough, providing easy access to local amenities such as bus and train services, reputable schools for all ages, and various shops along Chain Lane. The location also offers convenient routes via the A59 to the A1 intersection, facilitating travel to both York and Leeds. As this property lacks a fitted kitchen, it may appeal primarily to cash buyers or those looking to invest in renovations before securing further financing. This characteristic can make it an attractive project for investors seeking to enhance value through thoughtful updates in an appealing neighborhood.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£268/sq ft
Area Average
£333/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£204,882
10% above area average per sq ft
Potential ROI
-10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (HG5)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -9.5%
5 year growth: 10.9%
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

Queens Road, Knaresborough HG5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE