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Glencoe Main Street, Bainton, Driffield, YO25 9NE - Image 1
Glencoe Main Street, Bainton, Driffield, YO25 9NE - Image 2
Glencoe Main Street, Bainton, Driffield, YO25 9NE - Image 3
Glencoe Main Street, Bainton, Driffield, YO25 9NE - Image 4
Glencoe Main Street, Bainton, Driffield, YO25 9NE - Image 5

Glencoe Main Street, Bainton, Driffield, YO25 9NE

Yorkshire

£599,950
Listed on 19/11/2024

Property Details

Bedrooms
4
Type
Detached house
Area
1572 sqft

Description

This charming village cottage is set on approximately 3.04 acres of varied outdoor space, providing a unique opportunity for renovation and investment. The grounds feature formal gardens, parkland, a pond surrounded by woodland, and brick outbuildings that could be repurposed for various uses. A substantial detached garage with an adjoining garden room adds to the potential for expansion or conversion into additional living space, pending necessary planning permissions. Inside, the property retains character while offering modern convenience. The layout includes an entrance hall leading to a lounge with an inviting open fireplace, a kitchen/diner equipped with built-in appliances and granite work surfaces, a utility room, and a flexible space that can function as either a study or fourth bedroom. The ground floor also accommodates a shower room for added functionality. Upstairs, three additional bedrooms and a family bathroom provide ample accommodation. The property's history dates back to approximately 1750, having been restored over the years into a comfortable family home while maintaining its original charm. With oil-fired central heating and UPVC double glazing already in place, some renovations could focus on aesthetic upgrades or layout changes to suit modern living preferences. Located in Bainton, a picturesque village steeped in history and surrounded by scenic beauty, this property offers convenient access to local amenities in Driffield, just six miles away. The expansive garden area is well established with trees, shrubs, flower beds, and pathways leading to various seating areas where one can enjoy the tranquility of the surroundings. Given the size of the land and existing structures on-site, there are multiple avenues for investment potential—be it expanding the current dwelling or creating an annex from the garage and garden room. This property presents not only a home but also a canvas for imaginative development in a sought-after location.

Investment Analysis

(YO25 area)

Above Market Value

This property is priced +62.3% above area average per sq ft

+62.3%
This Property
£382/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£176
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£406,708
10% above area average per sq ft
Potential ROI
-38.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (YO25)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 1.0%
5 year growth: 17.4%
Investment Disclaimer: Analysis based on YO25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Glencoe Main Street, Bainton, Driffield, YO25 9NE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £449,962 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE