Carter Jonas says ..

Property Oracle says ..

This property in Harrogate, North Yorkshire, presents a unique investment opportunity. Listed by Carter Jonas, it’s a residential development opportunity situated in the sought-after Duchy area. Planning permission has already been granted for conversion into ten apartments. The property’s location is highly favorable, with close proximity to reputable schools and Harrogate train station. The images display an architect’s impression of the renovated property, suggesting a contemporary and attractive design. The extensive land size, coupled with the potential for multiple apartment units, indicates considerable investment potential. However, a crucial factor to consider is the cost of renovation and development which is not provided in the available information. The list price, while potentially justifiable given the development potential, needs further assessment of these costs to truly evaluate its overall value. Prospective buyers should carefully analyze potential profit margins considering market conditions and construction expenses before making a final decision. The lack of details on the existing structure’s condition necessitates further investigation to ascertain the costs of renovation.

Therefore, we give this property 7 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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