3 Bed Terraced House, Refurb/BRRR, Harrogate, HG2 7NR, £210,000

36 Stonefall Avenue, Harrogate, North Yorkshire, HG2 7NR - 1 views - 10 months ago

Sold STC
Refurb/BRRR
~134 m²
+7 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Refurb Costs

£53,067

Bridging Loan Interest

£5,513

Total Cash In

£120,329

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£339,527

Agent Fees (1%)

£3,395

Bridging Loan

£157,500

Bridging Loan Interest

£5,513

Flip Profit

£58,302













Local Rents

11 rents from £850/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85004/240.04 miGrove Street, Harrogate3
£85004/240.09 miAvenue Street, Harrogate, HG2 7PF3
£1,10004/240.19 miWalworth Avenue, Harrogate, HG2 7QZ3
£1,10004/240.23 mi-3
£89505/240.27 miGreenfields Drive, Harrogate, North Yorkshire, UK, HG23
£1,34504/240.36 miOlive Walk, Harrogate, HG1N/A
£1,10004/240.38 miHookstone Close, Harrogate, HG23
£1,65004/240.46 miForest Lane, Harrogate, North Yorkshire3
£1,50005/240.48 miHookstone Chase, Harrogate, North Yorkshire, HG23
£1,19504/240.5 miWoodlands Avenue, Harrogate, North Yorkshire, HG23
£1,25005/240.53 miLynton Gardens, Harrogate3

Local Area Statistics

Population in HG2

33,032

Population in Harrogate

93,832

Town centre distance

1.31 miles away

Nearest school

0.40 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £210,000

March 21, 2024

Sold for £162,000

2004

Sold for £46,500

1996

Floor Plans

Description

  • Chain Free +
  • One bedroom ground floor flat +
  • Two bedroom first & second floor duplex +
  • Central heating +
  • Close to amenities +
  • NOW REQUIRING FULL MODERNISATION +

A brick built inner terraced property, currently split into two flats, situated close to the facilities of Starbeck High Street, including a rail link for easy commuting to Leeds, York and Harrogate. Harrogate town centre is only a short distance away.

NOW REQUIRING FULL MODERNISATION

PHOTOGRAPHS WERE TAKEN BEFORE THE CURRENT TENANCIES

A self-contained ground floor flat with the benefit of double glazing and central heating. The accommodation which now requires modernisation comprises: Communal entrance hall, living room with fireplace, kitchen, double bedroom with a bay window and bathroom.

The ground floor flat is currently vacant

Council Tax Band: A Energy Rating: E

A first and second floor duplex flat with the benefit of central heating and spacious rooms comprising: Communal entrance vestibule with staircase to first floor, entrance hall, large living room, kitchen, bedroom and bathroom. To the second floor is a large attic conversion bedroom.

The duplex is currently vacant.

Council Tax Band: A Energy Rating: E

A brick built inner terrace split into two flats

Ground Floor Flat -

Communal Entrance Hall -

Living Room - 4.39m x 3.81m (14'5" x 12'6") -

Kitchen - 3.25m x 2.44m (10'8" x 8') -

Bathroom - 2.44m x 1.70m (8' x 5'7") -

Bedroom - 3.89m plus bay x 3.81m (12'9" plus bay x 12'6") -

First Floor Duplex -

Entrance Hall -

Living Room - 4.93m x 3.96m (16'2" x 13') -

Kitchen - 2.49m x 2.44m (8'2" x 8') -

Bedroom Two - 4.34m x 2.95m (14'3" x 9'8") -

Bathroom - 2.26m x 1.68m (7'5" x 5'6") -

Second Floor -

Landing -

Bedroom One - 5.59m x 4.47m (18'4" x 14'8") -

Outside - To the rear of the property is a courtyard area with a garage.

DIRECTIONS - HG2 7NR
From Harrogate take the Knaresborough Road where Stonefall Avenue is a turning on the right hand side.

Agent Details

Nicholls Tyreman, Harrogate

01423 227717

Next Steps?

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