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See how verdicts work3-bedroom house · HG4 1HJ
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MIXED RETAIL AND RESIDENTIAL DEVELOPMENT OPPORTUNITY - A unique opportunity to purchase a versatile mixed commercial and residential site, sure to appeal to developers, buy-to-let investors and business owners alike.
The freehold property consists of a shop floor with large window frontage to the street, which was housed a number of successful businesses over the years, a detached two bedroom cottage and spacious apartment.
The property could generate three separate revenue streams, as the two homes and commercial property could be let, or it would also suit an owner occupier, wishing to take on a new project.
Offering the scope to expand and develop the site, including the conversion of the shop subject to necessary consents, making it a compelling opportunity for the right buyer.
The property is well positioned close to the city centre, offering high levels of passing trade and local custom, whilst also making a lovely place to live.
Ripon itself is well serviced with amenities such as pubs and supermarkets whilst being ideal for commuters with easy access to the A1 and A19.
Shop – An entrance door leads to the spacious shop floor with two large display windows, cashier area, and WC.
The shop is neutrally decorated and a blank canvas, offering the scope to tailor the space to the new owners needs.
Apartment – Accessed through an entrance to the front of the property, there is a welcoming entrance hall with access to the rear garden, shower room, fitted with a white suite and door with stairs leading to the apartment.
Stairs rise to the first floor, where there is a spacious living room with exposed beams, kitchen fitted with a range of units, generous double bedroom and a further multi-functional room, ideal as a dining room/study, whilst also offering the opportunity to be converted to a first floor bathroom.
Cottage - The front door gives access to a porch which leads to the good-sized living room with feature fireplace and fitted storage.
The kitchen offers a range of units and some appliances, along with a separate utility area and under stair cupboard, providing handy storage.
The bathroom is part tiled and fitted with a white suite, including a bath with shower and glazed screen over.
Upstairs, there is a landing with loft access, two well-proportioned double bedrooms and a WC.
Although the property is now in need of renovation throughout, this provides the scope to update the property to personal taste.
Externally, the property benefits from a lovely courtyard garden to the rear, with a workshop and log shed providing handy storage. The garden is fully enclosed, offering a high degree of privacy.
Street parking is available nearby and the site benefits from gas central heating. With versatile accommodation, the site is sure to appeal to a variety of purchasers.
An internal inspection is required to fully appreciate the potential on offer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About North Street, Ripon
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