Mayfield Grove, Harrogate, North Yorkshire, HG1
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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 %
from 463,885.00 £
Est sale value
4,294,800.09 £
Increased by 1.01 %
from 4,251,744.45 £
Average area rental value
2,136.00 £/mo
Increased by 79.04 %
from 1,193.00 £/mo
Est letting value
21,527.82 £/mo
Increased by 100.00 %
from 10,763.91 £/mo
Est rental Yield
7.56 %
Increased by 144.66 %
from 3.09 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • FSS created the listing.

Nearby Schools

NameTypeOfstedDistance
Harrogate, Grove Road Community Primary SchoolCommunity SchoolGood0.68 KM
St Peter'S Church Of England Primary SchoolAcademy ConverterGood0.69 KM
Springwell HarrogateAcademy Alternative Provision ConverterOutstanding0.77 KM
Harrogate Language AcademyMiscellaneous0.95 KM
Coppice Valley Primary SchoolAcademy Converter1.01 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cambridge Place £ 533,33300.00 KM
Queensway £ 100,00000.00 KM
Station Square £ 175,00000.00 KM
Petergate £ 000.00 KM
Prospect Crescent £ 299,99900.00 KM

Nearby Transport

NameNLCTLCDistance
Harrogate8213HGT0.34 KM
Hornbeam Park8212HBP2.22 KM
Starbeck8221SBE4.14 KM
Pannal8479PNL4.24 KM
Knaresborough8214KNA7.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mayfield Grove, Harrogate, North Yorkshire, HG1 £ 799,995BUY5 / 100.00 KM
Strawberry Dale, Harrogate, North Yorkshire, HG1 £ 140,000BUY6 / 100.04 KM
Strawberry Dale Terrace, Harrogate, HG1 £ 375,000BUYUnknown0.10 KM
Strawberry Dale, Harrogate, North Yorkshire, HG1 £ 350,000BUYUnknown0.10 KM
Commercial Street, Harrogate, North Yorkshire, HG1 £ 200,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
18 Strawberry Dale £ 295,0000.02 KM
20 Strawberry Dale £ 190,0000.02 KM
10 Strawberry Dale £ 315,0000.03 KM
12 Strawberry Dale £ 286,0000.03 KM
13 Strawberry Dale £ 113,0000.03 KM