Summary - Flat 3, 127, Valley Drive HG2 0JS
10 bed 7 bath Terraced
Six apartments, strong income, Victorian character in the heart of Harrogate.
Fully let portfolio producing £7,300 pcm (£87,600 pa) total income
A rare central Harrogate investment: a pair of late‑Victorian mid‑terraces converted into six self‑contained apartments, offered freehold as a fully let, income‑producing block. The conversion retains period character—stone façades, bay windows and high ceilings—while benefiting from double glazing and mains gas heating. The portfolio currently produces £7,300 pcm (£87,600 pa) and presents a turnkey buy‑to‑let holding in a very affluent town centre location.
The building dates from before 1900 and is solid brick with internal insulation; flats shown with EPC grade C and all mains services connected. Broadband and mobile coverage are excellent, supporting modern tenant expectations. Proximity to Valley Gardens, Harrogate town centre amenities and highly regarded schools underpins long‑term lettability in this market.
Notable negatives are factual and important: the local recorded crime level is high, and the immediate property footprint is described as small for an urban plot, which limits scope for external amenity expansion. The property is set up as six apartments (previously two dwellings joined) so further reconfiguration would require planning/consent and capital work. Investors should also check individual tenancy terms and service liabilities before purchase.
Overall this is a compelling, income‑producing opportunity for an investor seeking a period residential block in central Harrogate, offering immediate yield with scope for rental growth subject to active asset management and attention to local area issues.
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