# 2 bedroom retirement property for sale (HG4 1FA) ## Property Details | Key | Value | |-----|-------| | Address | 1, THE RED HOUSE, 41, PALACE ROAD, RIPON, NORTH YORKSHIRE HG4 1FA | | Price | £450,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | TBC | | Floor area | 99 m² | | Last sold | £450,000 Nov 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Current heating cost:** £170/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2388-2066-7372-6168-3940) ## Description REDUCED FOR QUICK SALE *RETIREMENT PROPERTY* TWO BEDROOM COTTAGE WITHIN THE SOUGHT AFTER RED HOUSE DEVELOPMENT A superb refurbished two-bedroom cottage, measuring 110sqm (1,184sqft), featuring a private south facing patio with bistro table and chairs, overlooking stunning mature communal gardens. This immaculate property includes carpets throughout and is situated in The Stables area. The superbly refurbished house has been created with everything you could wish for. Here you will find the exceptional communal facilities (comprising reception hall, lounge and bar, restaurant, library, hair and beauty salon, treatment room, hobbies room, and gym). There are large windows, high ceilings and other original features throughout, and the beautiful, landscaped gardens are there for you to enjoy and relax in. Private front door leading to entrance hall with built-in store cupboard, stairs leading to the first floor with an Acorn Stairlift; downstairs WC comprising toilet, sink, radiator, mirrored cabinet with light, large storage cupboard and underfloor heating; lounge area with bay window to the front, archway leading to the kitchen; fully-fitted kitchen with integrated appliances, including eye-level oven, microwave, fridge, freezer, dishwasher, island with cupboards under; dining area with French doors leading out to the private patio; first floor, large bedroom to the front with bay window; large second bedroom to the rear; shower room comprising shower cubical, toilet, sink, heated towel rail, underfloor heating and demist mirror. The property has its own private patio area. The Red House has attractive and peaceful grounds and gardens spread over four acres, with generous outside terraces and seating areas, plus an area of raised beds for use by owners in the village in a delightful setting overlooking the lawns and woodland, the perfect place to exercise green fingers. The Red House benefits from a tranquil and leafy environment, but with proximity to the modern amenities and rich culture of Ripon City Centre, just over half a mile away. Ripon offers all the shops, cafés, restaurants and conveniences you'd expect from a city, including Booths Supermarket, Marks & Spencer Food Hall, and Morrisons Supermarket, whilst still retaining a unique character and charm. For sports enthusiasts, the Ripon City Golf Club and Ripon Cricket Club are within easy reach, and it's just two and a half miles to a lively day at the races. If it's a more leisurely walk you're after, this is the perfect location to take in the stunning scenery of the Yorkshire Dales National Park, stopping at one of the many country pubs along the way. Nidderdale, deservedly designated an Area of Outstanding Natural Beauty, lies on the border of the National Park and is close to the World Heritage Site of Fountains Abbey. Harrogate Borough Council, Band E. Service charge and ground rent A service charge for 2025, currently £917.94 monthly; £11,015.28 annually, is payable. This covers external buildings and maintenance, external cleaning of apartment windows, buildings insurance, refuse collection, all communal area maintenance, reserve fund, management fee, daily concierge service, garden and grounds maintenance, 24-hour on-site staffing, 1½ hours’ domestic help a week. Ground rent of £606.12 per annum is currently payable to ERL (Red House Ripon) Limited on all properties for which the original leases were granted before 1 April 2023. In addition, ground rent is payable in advance on 1 October each year and reviewed every five years in line with the Consumer Price Index. The next review will be 1 January 2028. A Deferred Development Payment of 6%, 8% or 10% of the selling price (occupancy of up to 1 year, 1 to 2 years, and over 2 years respectively) is payable when leaving or selling the property. A Sales Administration Fee of 1.5% of the selling price, plus VAT, is also payable. Further information is available from the Sales Team or the website, Energy efficiency rating 86%; environmental impact rating 88%. A copy of the full Energy Performance Certificate is available upon request. CRL The property benefits from 10-year CRL Build Cover from 01/04/2019. The CRL paperwork will be provided by the vendor(s), but a copy of the CRL’s guide to this cover is available upon request. Viewing by appointment only. ## Property Photos - ![Picture No. 32](/listings/photos/153630557/211123) - Picture No. 32 - ![Picture No. 28](/listings/photos/153630557/211124) - Picture No. 28 - ![Picture No. 23](/listings/photos/153630557/211125) - Picture No. 23 - ![Picture No. 27](/listings/photos/153630557/211126) - Picture No. 27 - ![Picture No. 37](/listings/photos/153630557/211127) - Picture No. 37 - ![Picture No. 30](/listings/photos/153630557/211128) - Picture No. 30 - ![Picture No. 31](/listings/photos/153630557/211129) - Picture No. 31 - ![Picture No. 39](/listings/photos/153630557/211130) - Picture No. 39 - ![Picture No. 40](/listings/photos/153630557/211131) - Picture No. 40 - ![Picture No. 38](/listings/photos/153630557/211132) - Picture No. 38 - ![Picture No. 41](/listings/photos/153630557/211133) - Picture No. 41 - ![Picture No. 42](/listings/photos/153630557/211134) - Picture No. 42 - ![Picture No. 43](/listings/photos/153630557/211135) - Picture No. 43 - ![Picture No. 44](/listings/photos/153630557/211136) - Picture No. 44 - ![Picture No. 45](/listings/photos/153630557/211137) - Picture No. 45 - ![Picture No. 46](/listings/photos/153630557/211138) - Picture No. 46 - ![Picture No. 47](/listings/photos/153630557/211139) - Picture No. 47 - ![Picture No. 48](/listings/photos/153630557/211140) - Picture No. 48 - ![Picture No. 36](/listings/photos/153630557/211141) - Picture No. 36 - ![Picture No. 49](/listings/photos/153630557/211142) - Picture No. 49 - ![Picture No. 50](/listings/photos/153630557/211143) - Picture No. 50 - ![Picture No. 51](/listings/photos/153630557/211144) - Picture No. 51 - ![Picture No. 52](/listings/photos/153630557/211145) - Picture No. 52 - ![Picture No. 53](/listings/photos/153630557/211146) - Picture No. 53 - ![Picture No. 29](/listings/photos/153630557/211147) - Picture No. 29 - ![Picture No. 26](/listings/photos/153630557/211148) - Picture No. 26 - ![Picture No. 54](/listings/photos/153630557/211149) - Picture No. 54 - ![Picture No. 55](/listings/photos/153630557/211150) - Picture No. 55 ## Floorplans - ![Floorplan](/listings/photos/153630557/211151) - Floorplan - ![Floorplan](/listings/photos/153630557/211152) - Floorplan - ![Floorplan](/listings/photos/153630557/211153) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | THE RED HOUSE, 41 1 PALACE ROAD, RIPON, NORTH YORKSHIRE, HG4 1FA | £450,000 | 28/11/2025 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] THE RED HOUSE, 41 42 PALACE ROAD, RIPON, NORTH YORKSHIRE, HG4 1FA | £310,000 | 13/07/2023 | Flat | | [Same street] THE RED HOUSE, 41 57 PALACE ROAD, RIPON, NORTH YORKSHIRE, HG4 1FA | £435,000 | 22/02/2023 | Flat | | STUDLEY HOUSE LITTLE STUDLEY ROAD, RIPON, NORTH YORKSHIRE, HG4 1HD | £137,500 | 31/01/2023 | Other | | [Same street] THE RED HOUSE, 41 13 PALACE ROAD, RIPON, NORTH YORKSHIRE, HG4 1FA | £420,000 | 18/01/2023 | Flat | | [Same street] THE RED HOUSE, 41 56 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £675,000 | 30/09/2022 | Flat | | HIGHFIELD CROFT, 3 HEMSWORTH WALK, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 2BA | £285,000 | 22/09/2022 | Other | | [Same street] THE RED HOUSE, 41 59 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £430,000 | 15/09/2022 | Flat | | [Same street] THE RED HOUSE, 41 14 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £360,000 | 19/08/2022 | Flat | | [Same street] THE RED HOUSE, 41 35 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £470,000 | 12/07/2022 | Flat | | [Same street] THE RED HOUSE, 41 41 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £605,000 | 08/06/2022 | Flat | | [Same street] THE RED HOUSE, 41 39 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £400,000 | 11/04/2022 | Flat | | ATHELSTAN COURT COLLEGE BUSINESS PARK, RIPON, NORTH YORKSHIRE, HG4 2RL | £640,000 | 30/03/2022 | Other | | [Same street] THE RED HOUSE, 41 20 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £580,000 | 12/01/2022 | Flat | | [Same street] THE RED HOUSE, 41 31 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £400,000 | 14/12/2021 | Flat | | [Same street] THE RED HOUSE, 41 32 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £375,000 | 24/09/2021 | Flat | | [Same street] THE RED HOUSE, 41 28 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £320,000 | 06/09/2021 | Flat | | [Same street] THE RED HOUSE, 41 54 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £460,000 | 30/06/2021 | Flat | | [Same street] THE RED HOUSE, 41 53 PALACE ROAD, RIPON, HARROGATE, NORTH YORKSHIRE, HG4 1FA | £460,000 | 29/06/2021 | Flat | **Street average:** £446,667 (15 sales) **Area average:** £354,167 (3 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £619,686 (5 Other, HG4, 2024–2026) - **Deviation:** -27.4% ## Rental Range *ONS Price Index of Private Rents (Yorkshire and The Humber). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £770/mo - **Realistic:** £855/mo - **Optimistic:** £941/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Harrogate (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £734/mo ## 1% Rule - **Rent ratio:** 0.19% (weak for cashflow) - **Max investor price (0.8%):** £106,875 - **Target investor price (1%):** £85,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £4,545/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 114.2% - **10y growth:** 726.1% ## House Price Index (HM Land Registry) *Official index for Yorkshire and The Humber; All dwelling types series; as of March 2026.* - **1y growth (index):** -0.2% - **5y growth (index):** 20.3% - **10y growth (index):** 53.5% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)