3 Bed Semi-Detached House, Refurb/BRRR, Harrogate, HG1 2AY, £250,000

Roberts Crescent, Harrogate HG1 2AY - 2 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 8%
~102 m²
+10 photos

ValuationUndervalued

Sold Prices£107.5K - £350K
Sold Prices/m²£1.5K/m² - £4K/m²

 

 

Square Metres

~102.10 m²
Price/m²£2.4K/m²

Value Estimate

£257,500
BMV3%

 

 

End Value (After Refurb)

£295,738

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£40,840

Bridging Loan Interest

£6,563

Total Cash In

£120,353

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£295,738

Mortgage (After Refinance)

£221,803

Mortgage LTV

75%

Cash Released

£34,303

Cash Left In

£86,049

Equity

£73,934

Rent Range

£950 - £5,000

Rent Estimate

£2,158

Running Costs/mo

£1,376

Cashflow/mo

£782

Cashflow/yr

£9,387

ROI

8%

Gross Yield

10%

Local Sold Prices

52 sold prices from £107.5K to £350K, average is £247.5K. £1.5K/m² to £4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£185.5K03/230.03 mi12, Roberts Crescent, Harrogate, North Yorkshire HG1 2AY3
£187K08/210.03 mi4, Unity Close, Harrogate, North Yorkshire HG1 2PD3
£292K10/210.05 mi21, Unity Grove, Harrogate, North Yorkshire HG1 2AQ3
£347.5K12/220.06 mi24, Unity Grove, Harrogate, North Yorkshire HG1 2AQ3
£166.5K05/210.08 mi217, Skipton Road, Harrogate, North Yorkshire HG1 3EX3
£262K09/210.11 mi204, Skipton Road, Harrogate, North Yorkshire HG1 3EZ3
£350K05/240.11 mi190, Skipton Road, Harrogate, North Yorkshire HG1 3EZ3
£285K04/210.15 mi36, Church Avenue, Harrogate, North Yorkshire HG1 4HE3
£325K08/230.15 mi3, Church Avenue, Harrogate, North Yorkshire HG1 4HE3
£265.5K10/200.17 mi1, Dixon Road, Harrogate, North Yorkshire HG1 2EJ3
£245K03/230.17 mi8, Dixon Road, Harrogate, North Yorkshire HG1 2EJ3
£289K02/230.17 mi20, St Johns Crescent, Harrogate, North Yorkshire HG1 3AB3
£272K01/240.17 mi33, St Johns Crescent, Harrogate, North Yorkshire HG1 3AB3
£270K12/220.17 mi52, St Johns Crescent, Harrogate, North Yorkshire HG1 3AD3
£227.8K04/210.17 mi7, Crab Lane, Harrogate, North Yorkshire HG1 3BD3
£245K11/220.18 mi3, Osborne Road, Harrogate, North Yorkshire HG1 2EA3
£186K04/230.18 mi19, Osborne Road, Harrogate, North Yorkshire HG1 2EA3
£285K04/240.18 mi15, Osborne Road, Harrogate, North Yorkshire HG1 2EA3
£310K11/210.18 mi51, King Edwards Drive, Harrogate, North Yorkshire HG1 4HA3
£245K08/210.18 mi11, Cecil Street, Harrogate, North Yorkshire HG1 4NP3
£240K03/230.18 mi3, Cecil Street, Harrogate, North Yorkshire HG1 4NP3
£240K07/230.18 mi5, Cecil Street, Harrogate, North Yorkshire HG1 4NP3
£225K12/200.19 mi32, Skipton Street, Harrogate, North Yorkshire HG1 5JF3
£205K01/210.19 mi21, Skipton Street, Harrogate, North Yorkshire HG1 5JF3
£215K12/200.19 mi5, Skipton Street, Harrogate, North Yorkshire HG1 5JF3
£243K05/210.19 mi36, Skipton Street, Harrogate, North Yorkshire HG1 5JF3
£287.5K08/230.19 mi36, Skipton Street, Harrogate, North Yorkshire HG1 5JF3
£280K08/230.19 mi32, Skipton Street, Harrogate, North Yorkshire HG1 5JF3
£280K12/200.19 mi11, Skipton Crescent, Harrogate, North Yorkshire HG1 3HA3
£220.5K11/200.19 mi54, Knapping Hill, Harrogate, North Yorkshire HG1 2DN3
£255K12/200.19 mi27, Knapping Hill, Harrogate, North Yorkshire HG1 2DN3
£253K04/210.2 mi4, Elm Tree Avenue, Harrogate, North Yorkshire HG1 3DS3
£295K07/240.2 mi4, Elm Tree Avenue, Harrogate, North Yorkshire HG1 3DS3
£207.5K05/210.2 mi82, St Johns Road, Harrogate, North Yorkshire HG1 3AE3
£258K11/210.21 mi30, Albert Road, Harrogate, North Yorkshire HG1 4HX3
£235K03/240.21 mi1, Albert Road, Harrogate, North Yorkshire HG1 4HX3
£200K02/230.21 mi7, Roker Road, Harrogate, North Yorkshire HG1 5JB3
£235K06/230.21 mi28, Craven Street, Harrogate, North Yorkshire HG1 5JE3
£235K06/230.21 mi28, Craven Street, Harrogate, North Yorkshire HG1 5JE3
£265K07/210.21 mi14, Coppice Rise, Harrogate, North Yorkshire HG1 2DP3
£255K02/240.21 mi3, Coppice Rise, Harrogate, North Yorkshire HG1 2DP3
£250K11/200.23 mi190, Chatsworth Grove, Harrogate, North Yorkshire HG1 2DX3
£300K03/210.23 mi193, Chatsworth Grove, Harrogate, North Yorkshire HG1 2DX3
£222.5K11/200.23 mi37, St Johns Grove, Harrogate, North Yorkshire HG1 3AQ3
£270K05/210.23 mi21, St Johns Grove, Harrogate, North Yorkshire HG1 3AQ3
£235.3K06/210.23 mi31, St Johns Grove, Harrogate, North Yorkshire HG1 3AQ3
£220K06/210.23 mi43, St Johns Grove, Harrogate, North Yorkshire HG1 3AQ3
£210K03/230.23 mi45, St Johns Grove, Harrogate, North Yorkshire HG1 3AQ3
£267K07/240.23 mi6, St Johns Road, Harrogate, North Yorkshire HG1 3AF3
£267K07/240.23 mi6, St Johns Road, Harrogate, North Yorkshire HG1 3AF3
£220K05/230.23 mi4, St Johns Road, Harrogate, North Yorkshire HG1 3AF3
£107.5K06/230.23 mi13, St Johns Road, Harrogate, North Yorkshire HG1 3AF3

Local Rents

30 rents from £950/mo to £5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30001/250.14 mi-3
£99504/240.17 miOsborne Road, Harrogate, North Yorkshire, HG1 2EA3
£1,20004/240.18 mi-3
£3,50005/240.19 mi-3
£3,00004/240.2 mi-3
£95004/240.21 miCraven Street, Harrogate, North Yorkshire, HG1 5JE3
£1,29504/240.22 miSt Johns Road, Harrogate3
£1,00005/240.26 miRoker Road, Harrogate, North Yorkshire, HG13
£1,10005/240.28 miCrab Lane, Harrogate3
£1,12504/240.28 miChatsworth Grove, Harrogate, HG13
£1,12506/240.28 miChatsworth Grove, Harrogate, HG13
£97505/240.34 miDuncan Street, Harrogate, HG13
£97505/240.34 miDuncan Street, Harrogate, HG13
£1,19504/240.41 miKnox Avenue, Harrogate, HG13
£3,00002/240.46 mi-3
£3,25004/240.46 mi-3
£3,00011/240.46 mi-3
£1,19505/240.49 miBilton Lane, Harrogate, HG13
£1,20004/240.52 miBachelor Road, Harrogate3
£3,21005/240.56 mi-3
£3,20005/240.56 mi-3
£3,21001/250.56 mi-3
£3,20001/250.56 mi-3
£5,00004/240.56 mi-3
£3,75004/240.56 mi-3
£5,00004/240.56 mi-3
£3,75004/240.56 mi-3
£1,10012/240.56 miBilton Lane, Harrogate, North Yorkshire, HG13
£1,30005/240.59 mi-3
£1,65004/240.62 mi6 Devonshire Square, HARROGATE3

Local Area Statistics

Population in HG1

34,461

Population in Harrogate

93,832

Town centre distance

1.09 miles away

Nearest school

0.10 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £250,000

August 30, 2024

Floor Plans

Description

  • THREE DOUBLE BEDROOMS +
  • Semi detached property +
  • Ideal location in the suburb of Bilton +
  • Perfect family home +
  • In need of some modernisation +
  • Extended living space +
  • Extensive gardens, chicken coop and sheds +
  • Ample driveway parking +
  • Detached single garage +
  • Council Tax Band: B +

A spacious three double bedroom property requiring some modernisation now available. Extended to create flexible accommodation the property benefits from a detached garage and generous garden. Located just off Skipton Road with the local amenities close by, as well as excellent bus routes, well regarded schools and a short distance to Harrogate Town Centre.

With UPVC double glazing and gas central heating, the property briefly comprises: Entrance into the hallway with door to the kitchen featuring a small utility cupboard and door through to the extended dining room. The spacious lounge features an extended snug area ideal as an office space or play area.
Stairs rise to t the first floor landing with doors to the main bedroom and bedroom two both featuring built in wardrobes, and bedroom three, a third double room. The house bathroom features a three piece white suite with electric shower over the bath.

Outside to front, a driveway providing ample off-street parking, leading to the single garage and side gate to the rear garden. To the rear a magnificent garden with patio, lawn, ponds and a secret garden to the rear with a generous vegetable patch, sheds and chicken coop.

A viewing is highly recommended to appreciate the space available and gardens.

Epc - The energy rating for this property is D
This property produces 4.3 tonnes of CO2

Material Information - Harrogate - Tenure Type: Freehold
Council Tax Banding: B
UNREGISTERED PROPERTY - please enquire for more information

Agent Details

Hunters, Harrogate

01423 227794

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪