13 Park Row, Knaresborough
- PROPERTY TYPE
House
- BEDROOMS
4
- BATHROOMS
2
- SIZE
1,528 sq ft
142 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Close to High Street facilities
- Parking for 4 vehicles
- Pet and smoke free property
- Enclosed Courtyard
- Investment Opportunity
Description
Investment Opportunity - Freehold Block of Two Residential Apartments with Strong Income Potential in Central Knaresborough
An increasingly rare opportunity to acquire the freehold interest in a pair of well-proportioned two-bedroom apartments, positioned within the heart of Knaresborough town centre and benefitting from private parking for up to four vehicles.
The asset comprises two self-contained residential units, offering an attractive proposition for investors seeking secure rental income, long-term capital appreciation and future asset management opportunities. Based on current market conditions, the properties are anticipated to achieve a combined gross rental income of approximately £22,800 per annum (£950 pcm per unit), presenting immediate income generation potential.
The accommodation includes:
Flat 1 (Ground Floor) - A spacious two-bedroom apartment featuring a bright lounge, fitted kitchen, house bathroom and two double bedrooms, together with the added benefit of a private enclosed outdoor area suitable for tenant amenity and enhanced rental appeal.
Flat 2 (First Floor) - A well-configured two-bedroom apartment comprising a dual-aspect lounge, fitted kitchen, separate W/C, house bathroom and two double bedrooms.
Both apartments are accessed via an attractive communal courtyard setting.
From an investment perspective, the property offers multiple strategic advantages including:
Freehold ownership with control over the entire asset
Dual income stream potential across two self-contained residential units
Estimated gross annual rental income of £22,800 at full occupancy
Private parking provision, an increasingly valuable amenity supporting tenant demand
Prime town centre location, underpinning long-term rental resilience and capital growth prospects
Asset management and value-add potential, including reconfiguration or conversion back to a substantial single dwelling, subject to the necessary consents
The combination of location, rental demand and future flexibility makes this an appealing addition to an investor portfolio, suitable for buy-to-let investors, long-term income strategies or purchasers seeking redevelopment potential.
Tenure: Freehold
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway,Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Enclosed garden,Rear garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
13 Park Row, Knaresborough
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Visit our security centre to find out moreDisclaimer - Property reference RS0431. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Newby James Ltd, Knaresborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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