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See how verdicts work3-bedroom house · HG4 5FA
Listing removedListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in a quiet cul-de-sac in the sought-after village of Melmerby, near Ripon, this modern three-bedroom detached home is offered for sale on a 25% shared ownership basis, with the option to purchase a higher share.
Ideally located for commuters with easy access to the A1, the property presents an excellent opportunity for those looking to take their first step onto the property ladder.
Well presented throughout and featuring attractive wooden paneling, the accommodation includes a welcoming entrance hall with a striking downstairs WC, a bright dining kitchen with built in oven and hob, and a spacious lounge with a stylish media wall and a door opening onto the rear garden.
To the first floor are three well proportioned bedrooms, with the master benefiting from a built-in wardrobe, along with a modern family bathroom.
Outside, the enclosed rear garden is mainly laid to lawn and enjoys far-reaching countryside views, complemented by a paved patio and a generous storage shed.
To the front, a driveway provides off street parking for two vehicles, completing this appealing home in a desirable village location. Rent is currently £508.20 per month for the 75%.
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
Agent & docs
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FAQ
About 16, Honey Garth, Melmerby, Ripon
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