East Parade, Harrogate, HG1
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East Parade, Harrogate, HG1

By FSS

£ 380,000

Reviews

2 out of 5 stars

FSS says ..

A rare investment opportunity to acquire the freehold of this handsome Victorian terraced property, which is currently leased to a charity (producing £28816 pa) which in turn lets and manages each of the flats/bedsits, independent of the landlord. The tenant has been in unbroken occupation ...

Property Oracle says ..

This property in Harrogate, North Yorkshire is presented as a Victorian terraced house currently operating as a multi-let investment property. The external appearance suggests a building which has been reasonably well-maintained over time, retaining many characteristics of its era. However, the internal pictures reveal rooms that are somewhat dated, and could benefit from modernisation. The furnishing is quite basic, and while functional, does not suggest high-end accommodation. The small paved areas at the front and rear are a notable feature, but don’t qualify as significant garden space. The location, within easy reach of good primary schools and Harrogate town centre, is undoubtedly attractive for families and investors. The property’s value is strongly influenced by its existing rental income stream. In the absence of the property’s internal square footage, direct comparison with other properties on a price-per-square-foot basis is unfortunately difficult. Buyers should approach this property with a comprehensive understanding that this is a unique investment opportunity and should be valued as such. Further investigation into the existing tenancy agreement and its implications are highly recommended before committing to purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
2
Bedrooms
8
Bathrooms
8
Sqft (est)
3,954.66

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
319,992.00 £
Increased by 8.16 %
from 295,848.00 £
Est sale value
1,506,725.46 £
Increased by 20.95 %
from 1,245,717.90 £
Average area rental value
1,230.00 £/mo
Increased by 0.08 %
from 1,229.00 £/mo
Est letting value
3,954.66 £/mo
Unchanged by 0.00 %
from 3,954.66 £/mo
Est rental Yield
4.61 %
Decreased by 7.43 %
from 4.98 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • FSS created the listing.

Nearby Schools

NameTypeOfstedDistance
Harrogate, Grove Road Community Primary SchoolCommunity SchoolGood0.35 KM
Springwell HarrogateAcademy Alternative Provision ConverterOutstanding0.38 KM
Harrogate, Bilton Grange Primary SchoolAcademy ConverterGood0.38 KM
Richard Taylor Church Of England Primary SchoolAcademy ConverterGood0.79 KM
Coppice Valley Primary SchoolAcademy Converter0.90 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Pine Street £ 000.00 KM
Woodfield Drive £ 55,00000.00 KM
Woodfield Close £ 260,00000.00 KM
Devonshire Square £ 000.00 KM
Brewery Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Harrogate8213HGT1.16 KM
Hornbeam Park8212HBP2.82 KM
Starbeck8221SBE3.89 KM
Pannal8479PNL5.03 KM
Knaresborough8214KNA7.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Skipton Road, Harrogate, HG1 £ 335,000BUY6 / 100.10 KM
Skipton Road, Harrogate, HG1 £ 249,950BUY7 / 100.11 KM
Skipton Road, Harrogate £ 350,000BUY7 / 100.11 KM
King's Road, Harrogate £ 700,000BUYUnknown0.13 KM
Kings Road, Harrogate £ 180,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
169 Kings Road £ 420,0000.08 KM
173 Kings Road £ 260,0000.08 KM
159 Kings Road £ 320,0000.08 KM
177 Kings Road £ 435,0000.08 KM
42 Skipton Street £ 175,0000.09 KM