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Main Street, Watton, YO25 9AW - Image 1
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Main Street, Watton, YO25 9AW

Yorkshire

£275,000
Listed on 21/05/2024

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached property in the sought-after village of Watton offers an opportunity for both personal customization and future investment. The home presents a neutral aesthetic throughout, allowing buyers to envision their own design choices easily. Past planning consent for a first-floor extension and the addition of a garage further enhances its investment appeal, inviting potential for increased value with proper renovations. The layout includes an entrance porch leading to a welcoming hallway, a cozy lounge with an open fireplace, a distinctly presented dining room featuring French doors to the rear garden, and a cottage-style kitchen equipped with solid wood cabinetry. The downstairs bathroom is functional but could benefit from modern updates. Upstairs introduces three bedrooms, ample for family living or guest accommodation. Complemented by off-street parking and an immaculately kept south-facing garden that showcases both lawn areas and established plant borders, this property is not only charming but also ripe for renovation enhancements. Given its proximity to local amenities and transport links, it stands as a prime candidate for buyers looking to invest in the Yorkshire property market.

Investment Analysis

(YO25 area)
Area Average
£235/sq ft
Avg Rent (weekly)
£176
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Main Street, Watton, YO25 9AW
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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
£1,007
Based on a loan of £206,250 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