Overview
- Updated On:
- June 10, 2024
- 7 Bedrooms
- 6 Bathrooms
Description
Chapel House, Grove Road
Harrogate, North Yorkshire
Offers Over £700,000
Open Days 7th & 9th June, call now to arrange your viewing time
Best and final offers by 12 noon on Tuesday 11th June
Opportunity –
This is a vacant property, all pictures with furniture are illustrative of potential
One of the finest properties in Harrogate, Chapel House is completely refurbished to a exceptional standard
Whether you are an owner operator of a guest house, want to add this absolute gem of a property to your existing holiday let portfolio or you just want a second home for yourself, they don’t get better than this!
Location –
The Chapel is on Grove Road, just off Kings Road, less than half a mile from Harrogate town centre
Frequently voted the ‘Happiest Place to Live in the UK’
Steeped in history, the stunning spa town of Harrogate is one of the most popular tourist destinations in Yorkshire
Internal Details –
This substantial property is over 600 square metres
The living room is over 100 square metres and boasts a 15m high ceiling
Six ensuite bedrooms
Four reception rooms, two W.C.’s
Potential to add a further bedroom (currently the library)
Please see the attached floorplans for further details
External Details –
South facing ‘courtyard garden’ at the front of the property
Fixtures & Fittings –
All fixtures and fittings from the previous owner are available by separate negotiation
Development Opportunity –
Further bedrooms could be added, further increasing the potential revenue
The property could be converted into holiday flats, subject to planning permission being granted
The property can be split in up to create up to four apartments, subject to a successful planning application. Please request further information and floorplans
The huge attic could be converted into a further three letting rooms or sensational home cinema room
Tenure –
Potential for 25% R.O.I.
Nationwide Business Sales offer The Chapel House to the market at Offers Over £700,000
Financial –
Average rooms rates are £230 per night
Holiday lets in Harrogate offering equivalent accommodation charge frequently command in excess of £1,500 per night
At a 60% occupancy level this equates to a turnover of over £300,000 per annum, delivering a potential 25% R.O.I. after all costs and furnishings
