Mayfield Grove, Harrogate, North Yorkshire, HG1
By FSS
£ 799,995
Reviews
2 out of 5 stars
FSS says ..
INVESTMENT OPPORTUNITY HMO, offering a 8.9% Return- Victorian mid terrace containing 6 self-contained bedsits and 3 additional bedsits.
Property Oracle says ..
This property, situated on Mayfield Grove in Harrogate town centre, is marketed as an HMO (House in Multiple Occupation). The listing indicates it contains nine bedrooms and nine bathrooms across multiple units. The interior photographs show recently refurbished or renovated bedsits; featuring modern fitted kitchens and laminate flooring. The units themselves appear well-maintained and presented, suitable for student or young professional tenants. The location is a significant advantage given its central Harrogate position. Harrogate’s popularity as a spa town, coupled with its good transport links and amenities such as schools, makes this a generally highly sought-after area, particularly for rental properties. However, significant details are missing. The lack of external photographs and absence of details relating to garden space or parking are noteworthy omissions. Also, the description of the property as an HMO should be noted, as management and maintenance of such a property come with specific challenges. The list price and information provided do not give a comprehensive overview, potentially requiring further investigation before a confident assessment of value can be formed. Overall, this property presents as a potentially lucrative investment opportunity provided all required due diligence is carried out.
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
- 6
- Condition
- 7
- Location
- 9
- Land
- 1
- Bedrooms
- 9
- Bathrooms
- 9
- Sqft (est)
- 10,763.91
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
- 339,000.00 £Decreased by 26.92 %
- Est sale value
- 4,294,800.09 £Increased by 1.01 %
- Average area rental value
- 2,136.00 £/moIncreased by 79.04 %
- Est letting value
- 21,527.82 £/moIncreased by 100.00 %
- Est rental Yield
- 7.56 %Increased by 144.66 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
FSS created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Harrogate, Grove Road Community Primary School | Community School | Good | 0.68 KM |
| St Peter'S Church Of England Primary School | Academy Converter | Good | 0.69 KM |
| Springwell Harrogate | Academy Alternative Provision Converter | Outstanding | 0.77 KM |
| Harrogate Language Academy | Miscellaneous | 0.95 KM | |
| Coppice Valley Primary School | Academy Converter | 1.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cambridge Place | £ 533,333 | 0 | 0.00 KM |
| Queensway | £ 100,000 | 0 | 0.00 KM |
| Station Square | £ 175,000 | 0 | 0.00 KM |
| Petergate | £ 0 | 0 | 0.00 KM |
| Prospect Crescent | £ 299,999 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Harrogate | 8213 | HGT | 0.34 KM |
| Hornbeam Park | 8212 | HBP | 2.22 KM |
| Starbeck | 8221 | SBE | 4.14 KM |
| Pannal | 8479 | PNL | 4.24 KM |
| Knaresborough | 8214 | KNA | 7.66 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mayfield Grove, Harrogate, North Yorkshire, HG1 | £ 799,995 | BUY | 5 / 10 | 0.00 KM |
| Strawberry Dale, Harrogate, North Yorkshire, HG1 | £ 140,000 | BUY | 6 / 10 | 0.04 KM |
| Strawberry Dale Terrace, Harrogate, HG1 | £ 375,000 | BUY | Unknown | 0.10 KM |
| Strawberry Dale, Harrogate, North Yorkshire, HG1 | £ 350,000 | BUY | Unknown | 0.10 KM |
| Commercial Street, Harrogate, North Yorkshire, HG1 | £ 200,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Strawberry Dale | £ 295,000 | 0.02 KM |
| 20 Strawberry Dale | £ 190,000 | 0.02 KM |
| 10 Strawberry Dale | £ 315,000 | 0.03 KM |
| 12 Strawberry Dale | £ 286,000 | 0.03 KM |
| 13 Strawberry Dale | £ 113,000 | 0.03 KM |