4-bedroom detached house · HG4 1UN
Listing removedListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb refurbishment opportunity in one of Ripon’s most sought-after locations.
This spacious bungalow on Palace Road sits on a generous plot and is offered for sale via the Modern Method of Auction, presenting incredible potential for investors or buyers looking to create a dream home.
A fantastic investment opportunity to acquire a spacious bungalow set on a plot measuring on just over a third of an acre, in one of Ripon’s most desirable residential locations.
Situated on sought-after Palace Road, this property offers enormous potential for refurbishment and enhancement, making it ideal for investors, developers, or buyers looking to create a superb long-term home.
Offered for sale via the Modern Method of Auction, the property benefits from no onward chain.
With generous internal accommodation, extensive gardens, and excellent scope to modernise, early viewing is highly recommended to avoid missing out.
Palace Road is widely regarded as one of Ripon’s premier addresses, positioned within easy reach of the city centre and its wide range of amenities.
Ripon offers an excellent selection of shops, cafés, restaurants, supermarkets, and highly regarded schools, along with the historic cathedral and vibrant market square.
The area is well connected, with convenient access to major road links including the A61 and A1(M), making commuting to Harrogate, Leeds, and York straightforward.
Public transport options are also readily available, providing further connectivity to surrounding towns and villages.
The accommodation is arranged over two floors and briefly comprises: Ground Floor: • Entrance Hall with access to principal rooms • Living / Dining Room – an impressive open space measuring 26'1" x 20'2" (7.95m x 6.14m) • Kitchen – 13'10" x 11'0" (4.21m x 3.36m) • Bedroom 2 – 17'1" x 10'6" (5.20m x 3.21m) • Bedroom 3 – 12'0" x 11'0" (3.67m x 3.36m) • Bedroom 4 – 7'7" x 7'0" (2.31m x 2.13m) • Family bathroom and additional WC First Floor: • Bedroom 1 – a large principal bedroom measuring 19'6" x 13'1" (5.94m x 4.00m) • Externally, the property occupies a substantial plot with mature gardens offering privacy and space, alongside a garage and workshop, providing excellent storage or further potential.
This is a rare opportunity to purchase a home with significant scope in a prime Ripon location, perfect for refurbishment and value enhancement.
Auctioneer's Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £495.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Material Information TENURE - The property is freehold SERVICES - The property a has warm air heating system, mains gas, electricity, water and drainage/sewerage, which were connected and working at the time of our inspection.
BROADBAND & MOBILE SIGNAL & COVERAGE - Please check the Ofcom website. FLOOD RISK – Very low risk of flooding. PLANNING PERMISSION – none in the immediate area. EPC: E COUNCIL TAX: F
Value & comps
No previous sales on record.
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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 starting price
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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.
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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
FAQ
About Palace Road, Ripon, North Yorkshire, HG4
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