We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom semi-detached house · HG5 0GR
Listing removedListed 430 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom modern house with enclosed garden and ample parking forming part of this popular new development.
This excellent home comes with all the benefits you would expect from a nearly new build including energy saving features and comprises; entrance, downstairs W/C, lounge leading to a stylish kitchen / diner with patio doors leading out to the rear garden.
To the first floor there are two good sized bedrooms and a house bathroom. The property occupies an enviable position with a pleasant front outlook.
To the side a long driveway provides ample off street parking including a EV charging point, with a gate leading to the rear garden.
An Extended patio area has created a wonderful area for seating without encroaching on the lawned garden.
Castle Garden Drive is situated on the edge of Knaresborough market town and combines the advantages of a pleasant setting with ease of access to the town center shopping, recreational and schooling facilities.
Knaresborough also has a railway station with mainline links.
The southern bypass is convenient and Harrogate is readily accessible by road, bus and rail with the A1(M) providing access to the commercial centres of North and West Yorkshire.
Yorkshire Housing who own 75% of the property require purchasers of this 25% to meet their criteria as detailed below:- - Have a household income of less than £80,000 per annum - Have no ties to any other properties on completion - You are unable to buy on the open market There is also a "Local Connection" (Yorkshire) criteria which needs to be met, you only need to meet one of the five listed below:- 1.
that person or a person within that household currently lives in that area and has lived there for at least two years; or 2.
has Close family ordinarily resident in the area (for a minimum period of five years previously); or 3. has previously lived in the area (for a continuous period of at least ten years); or 4.
is either in employment or has an offer of employment as their main place of work in the area and is under contract for a minimum 12 month period and for at least 16 hours per week 5.
they have been in employment as their main place of work in the area for a minimum of 12 months and for at least 16 hours a week.
Council Tax Band: C Tenure: Leasehold (989 years) Shared Ownership: 25% being sold, £527.17 per month rental payments The Shared Ownership rent includes an estate service charge
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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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 Castle Garden Drive, Knaresborough
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