4 Bed Terraced House, Refurb/BRRR, Harrogate, HG3 2EZ, £395,000

High Street, Hampsthwaite,, HG3 2EZ - 7 months ago

Sold STC
Refurb/BRRR
~109 m²
+7 photos

ValuationOvervalued

Sold Prices£290K - £1.3M
Sold Prices/m²£2.7K/m² - £4.8K/m²

 

 

Square Metres

~108.60 m²
Price/m²£3.6K/m²

Value Estimate

£369,152

 

 

End Value (After Refurb)

£379,097

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£20,300

Refurb Costs

£42,728

Bridging Loan Interest

£10,369

Total Cash In

£173,897

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£379,097

Mortgage (After Refinance)

£284,323

Mortgage LTV

75%

Cash Left In

£173,897

Equity

£94,774

Rent Range

£625 - £3,000

Rent Estimate

£1,565

Running Costs/mo

£1,518

Cashflow/mo

£47

Cashflow/yr

£568

ROI

0%

Gross Yield

5%

Local Sold Prices

41 sold prices from £290K to £1.3M, average is £421.5K. £2.7K/m² to £4.8K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£305K11/220.1 mi32, Hollins Lane, Hampsthwaite, Harrogate, North Yorkshire HG3 2EJ4
£320K12/200.1 mi26, Hollins Lane, Hampsthwaite, Harrogate, North Yorkshire HG3 2EJ4
£340K04/210.1 mi7, Finden Gardens, Hampsthwaite, Harrogate, North Yorkshire HG3 2EL4
£290K11/200.11 mi12, Finden Gardens, Hampsthwaite, Harrogate, North Yorkshire HG3 2EN4
£399.9K06/210.11 mi11, Finden Gardens, Hampsthwaite, Harrogate, North Yorkshire HG3 2EN4
£386K12/200.16 mi1, Brookfield Crescent, Hampsthwaite, Harrogate, North Yorkshire HG3 2EE4
£615K04/230.18 mi13, St Thomas A Becket Walk, Hampsthwaite, Harrogate, North Yorkshire HG3 2FS4
£445K11/220.2 mi4, Peckfield Close, Hampsthwaite, Harrogate, North Yorkshire HG3 2ES4
£510K02/230.24 mi14, Brookfield, Hampsthwaite, Harrogate, North Yorkshire HG3 2EF4
£667.5K08/210.42 mi78a, Hollins Lane, Hampsthwaite, Harrogate, North Yorkshire HG3 2HH4
£362K05/211.06 mi6, Lund Lane, Killinghall, Harrogate, North Yorkshire HG3 2BQ4
£425K02/211.23 mi14, Nidd Rise, Birstwith, Harrogate, North Yorkshire HG3 3AP4
£1.3M09/231.5 miFairfield, Swarcliffe, Birstwith, Harrogate, North Yorkshire HG3 2JG4
£365K11/201.54 mi18, Castle Road, Killinghall, Harrogate, North Yorkshire HG3 2DU4
£665K08/231.57 mi3, The Wynd, Burnt Yates, Harrogate, North Yorkshire HG3 3GY4
£545K02/211.65 mi17a, Ripon Road, Killinghall, Harrogate, North Yorkshire HG3 2DG4
£499.9K07/231.68 mi54, Ripon Road, Killinghall, Harrogate, North Yorkshire HG3 2DF4
£525K02/211.68 mi18, Ripon Road, Killinghall, Harrogate, North Yorkshire HG3 2DF4
£580K09/211.7 miBox Chair, Tang Road, High Birstwith, Harrogate, North Yorkshire HG3 2JU4
£590K12/201.73 miRadwinter, Ripon Road, Killinghall, Harrogate, North Yorkshire HG3 2AY4
£415K06/211.74 mi48, Heather Way, Harrogate, North Yorkshire HG3 2SH4
£380K03/211.74 mi59, Heather Way, Harrogate, North Yorkshire HG3 2SH4
£421.5K06/211.74 mi9, Heather Way, Harrogate, North Yorkshire HG3 2SH4
£420K12/201.74 mi55, Heather Way, Harrogate, North Yorkshire HG3 2SH4
£415K05/211.74 mi19, Heather Way, Harrogate, North Yorkshire HG3 2SH4
£440K09/231.74 mi54, Heather Way, Harrogate, North Yorkshire HG3 2SH4
£330K10/201.79 mi7, Oakridge View, Killinghall, Harrogate, North Yorkshire HG3 2WH4
£385K02/211.79 mi10, Oakridge View, Killinghall, Harrogate, North Yorkshire HG3 2WH4
£335K02/211.8 mi9, Burdock Close, Killinghall, Harrogate, North Yorkshire HG3 2WF4
£425K08/231.85 mi13, Bryony Road, Harrogate, North Yorkshire HG3 2UQ4
£420K05/231.85 mi17, Stonecrop Avenue, Killinghall, Harrogate, North Yorkshire HG3 2WS4
£440K01/231.85 mi16, Stonecrop Avenue, Killinghall, Harrogate, North Yorkshire HG3 2WS4
£515K03/231.85 mi2, Stonecrop Avenue, Killinghall, Harrogate, North Yorkshire HG3 2WS4
£387.5K03/211.86 mi24, Trefoil Drive, Killinghall, Harrogate, North Yorkshire HG3 2WB4
£372.5K04/241.86 mi40, Trefoil Drive, Killinghall, Harrogate, North Yorkshire HG3 2WB4
£650K06/211.9 miChantry Mews, 2, Chantry Court, Ripley, Harrogate, North Yorkshire HG3 3AD4
£585K10/201.9 mi3, Chantry Court, Ripley, Harrogate, North Yorkshire HG3 3AD4
£735K05/231.91 miMonks Wall Barn, Winsley Hall Farm, Brimham Rocks Road, Burnt Yates, Harrogate, North Yorkshire HG3 3EW4
£491.3K09/211.91 mi2, Orchid Way, Killinghall, Harrogate, North Yorkshire HG3 2WR4
£395K05/211.91 mi7, Orchid Way, Killinghall, Harrogate, North Yorkshire HG3 2WR4
£322.5K10/231.92 mi73, Crowberry Drive, Harrogate, North Yorkshire HG3 2UF4

Local Rents

32 rents from £625/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£72504/240.13 miThe Hollies Annexe, Church Lane, Hampsthwaite, Harrogate, North Yorkshire, HG31
£1,05004/240.13 miChurch Lane, Hampsthwaite, Harrogate, North Yorkshire, HG32
£1,30004/240.17 miBrookfield Crescent, Hampsthwaite, Harrogate, HG32
£1,40004/240.28 miBrookfield, Hampsthwaite, Harrogate, North Yorkshire, UK, HG33
£1,60004/240.42 miHollins Lane, Hampsthwaite3
£1,95004/240.72 miSwinsty Close, Harrogate4
£2,80001/241.26 mi-3
£2,80012/241.26 mi-3
£2,58301/241.26 mi-3
£3,00012/231.26 mi-4
£3,00005/241.27 mi-4
£3,00004/241.27 miWest House Farm, Harrogate, HG34
£62512/241.32 miUnit 1, Clint Bank, HG31
£77504/231.65 mi-2
£1,09504/241.67 miRedmires Grove, Harrogate2
£1,09504/241.67 miRedmires Grove, Harrogate2
£1,45004/241.7 miLindley Mews, Harrogate3
£1,45004/241.7 miLindley Mews, Harrogate3
£1,25004/241.71 mi-2
£88004/241.73 mi26 Thomas Drive1
£2,60004/241.74 miHeather Way, Harrogate HG34
£82512/241.85 miClover Way, Harrogate, HG32
£97504/242.03 miPetty Whin Close, Harrogate, HG32
£85004/242.07 miJuniper Way, Harrogate, HG3 2YD2
£1,99503/242.12 mi-2
£79512/242.19 miProspect Terrace, Kettlesing, Harrogate1
£2,15012/242.23 mi-4
£95005/242.37 miBurnside Drive, Harrogate3
£95004/242.38 miEastville Terrace, Harrogate, HG12
£1,20012/232.4 mi-1
£1,20012/242.4 mi-1
£1,75012/242.4 mi-2

Local Area Statistics

Population in HG3

26,331

Population in Harrogate

93,832

Town centre distance

3.80 miles away

Nearest school

2.90 miles away

Nearest train station

3.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+28%

Sales demand

Balanced market

Property History

Price changed to £395,000

October 15, 2024

Listed for £425,000

June 12, 2024

Floor Plans

Description

A charming four bedroom cottage arranged over three floors located in the older central part of this ever popular lower Nidderdale village overlooking the village green.
No chain involved.

The property which features gas fired central heating with a Worcester boiler requires some updating modernisation and briefly comprises charming lounge with a front bay window, useful under stairs storage area. There is a dining kitchen and a rear entrance that opens up into a utility with guest toilet.

At first floor there are two bedrooms and a house bathroom. The whole of the first floor could be reconfigured into a superb master bedroom suite.

On the second floor, there are two further double bedrooms and a useful storeroom.

Outside there are easily maintained gardens that are enclosed and form a pleasant sitting area.

Parking is on the street in the centre of the village where the corner shop, Sophie‘s café, primary school,cricket club and church are only a short walk away.

Hampsthwaite is well placed for those who may require access to Harrogate where there are good road and rail connections to York, Leeds and London.

Agent Details

Hopkinsons EA, Harrogate

01423 227399

Next Steps?

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