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Halfpenny Lane, Knaresborough HG5 - Image 1
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Halfpenny Lane, Knaresborough HG5

Yorkshire

£250,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1178 sqft

Description

This three-bedroom semi-detached residence is set on a spacious plot, presenting an excellent opportunity for modernisation and the creation of an inviting family home. Located in a sought-after area, the property’s layout includes an entrance hall leading to a generously sized sitting room that benefits from abundant natural light through its large front window. The stone fireplace with a gas fire serves as an appealing feature, seamlessly connecting to the extended dining room which boasts sliding patio doors for easy access to the rear garden. The kitchen, while functional, is in need of updating and features a range of wall and base units alongside essential appliances. It also provides access to additional storage space via a side store, which could be repurposed or expanded with appropriate permissions. Upstairs, the landing offers access to three bedrooms, two of which include fitted cupboards for maximum storage efficiency. The third bedroom also features built-in wardrobes over the stair bulkhead. The bathroom requires refurbishment but includes basic amenities and is well-lit by a side-facing window. The exterior enjoys ample space with front and rear gardens; off-street parking is available via a driveway. The expansive rear garden presents considerable potential for enhancements or even extensions, pending necessary approvals. This property is ideal for investors or homeowners looking to add value through renovation.

Investment Analysis

(HG5 area)

Below Market Value

This property is priced -36.9% below area average per sq ft

-36.9%
Potential saving
This Property
£212/sq ft
Area Average
£336/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£435,972
10% above area average per sq ft
Potential ROI
+50.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (HG5)

Area prices are rising by +4.2% over the last 12 months
3 year growth: -4.4%
5 year growth: +13.7%
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

Halfpenny Lane, Knaresborough HG5
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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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