2-bedroom terraced house · HG4 1JX
Listing removedListed 65 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, 2-bedroomed end terrace property with driveway parking in a great location. A spacious, 2-bedroomed end terrace property, benefitting from double glazing and gas fired central heating.
Comprising: lounge, good sized dining kitchen with separate useful utility room and WC, two double bedrooms and bathroom with shower over bath.
Outside, there is a small rear patio garden, driveway parking for one car and useful garden shed.
The property is situated towards the south eastern outskirts of Ripon, with easy access to the southern by-pass and also to the city centre and its amenities.
Entering Ripon on the Harrogate Road, as you approach the Market Place, keep in the right hand lane. Take a right turn at the traffic lights, then immediately left with the Market Place on your right.
Carry on until you reach the Clock Tower and turn right just after this onto Princess Road. The property is on the left hand side.
What3words quail.parks.candles The property is equipped with all services Mobile coverage EE, Vodafone, Three, O2 Broadband Basic 16 Mbps, Superfast 132 Mbps Satellite / Fibre TV Availability BT, Sky, Virgin 1.
To be let on an Assured tenancy with security of tenure for at least 12 months. 2. References will be obtained using a credit reference agency. 3. Sorry no smokers. 4.
You will be required to complete an application form to secure the property and pay a 'part security holding deposit' equivalent to one weeks rent thus providing you with exclusivity during the referencing period.
5. The rental payable will be reviewed on an annual basis. 6. We have been advised by the North Yorkshire Council that the property is in Band C for the purpose of Council Tax. 7.
The property will be withdrawn from the market as soon as an application form is accepted and 'part security deposit paid', pending receipt of references. 8.
In order to comply with the Right to Rent legislation, along with your application form we will need to see your passport, or, national Identity card, or, if a British or Irish citizen a driving licence.
Also required will be proof of residency in the form of a utility bill or bank statement not more than three months old. 9.
Provided you adhere to the terms of the tenancy you can remain as a tenant for an unspecified period of time.
Your landlord may be entitled to recover possession of the property on specific grounds by giving you 4 months notice after 12 months has expired, or, sooner if you are in breach of a tenancy obligation such as rental arrears, or, anti-social behaviour.
10. This property will be managed by Feather Smailes Scales LLP. 11.
Feather Smailes Scales are members of The Tenancy Deposit Scheme (The Dispute Service) and the security deposit paid by the tenant will be held in the scheme and fully protected under the terms of the contract.
12. We are required to advise that the property is in a conservation area. 13.
In the interests of full disclosure: Potential tenants are advised there is some planned building/engineering works to the exterior of the property, including the removal of a retaining wall, the construction of a new wall and the laying of new flagstones and hardstanding.
It is anticipated this work will take approximately 2 months to complete and there will be some noise and disturbance until completed. Works will take place Monday to Friday between 8.00am and 5.00pm.
We would ask that you co operate with the contractors, we will keep you updated throughout the works programme.
If you have any questions or queries prior to viewing or applying for the property please ask.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 The Mews, Princess Road, Ripon, North Yorkshire, HG4
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