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Abbots Road, Selby

Yorkshire

£150,000
Listed on 03/09/2024

Property Details

Bedrooms
3
Type
Semi Detached
Area
988 sqft

Description

This spacious property features two reception rooms and three bedrooms, providing a total of 988 sq ft of living space, ideal for family life. While it requires some modernisation, this presents a significant opportunity for renovation enthusiasts to craft a home that embodies their personal style and preferences. The well-proportioned rooms include a functional kitchen and a fully tiled shower room, making the groundwork straightforward for those looking to enhance the property's appeal. Situated conveniently near the town centre and a retail park, residents will enjoy easy access to various amenities and leisure options. This property comes with no onward chain, allowing for a smooth transition. The layout includes an entrance hall with stair access to the first floor, a garden area with parking at the front, and both lawned spaces and outdoor seating in the rear garden, which further enriches its potential as an investment.

Investment Analysis

(YO8 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£152/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£277,623
10% above area average per sq ft
Potential ROI
+58.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
82%
Properties sold annually

Local Market Trend (YO8)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +3.0%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on YO8 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

Abbots Road, Selby
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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