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Monkgate, York

Yorkshire

£400,000

Listed on 18/05/2026

Property details

Bedrooms
3
Type
Terraced
Area
1162 sqft

Description

This three-storey period townhouse presents a compelling opportunity for cash buyers interested in renovation and investment. Located on the historically rich Monkgate, this property is just a short walk from York city centre and key landmarks like York Minster. The surrounding area is vibrant with amenities, including diverse dining options, shops, reputable schools, and supermarkets.

Inside, the home features a spacious reception area that leads into a comfortable sitting room and a dining room complete with a fireplace, providing a focal point for potential enhancements. The kitchen comes with fitted units but offers scope for modernisation or redesign to suit contemporary tastes. A family bathroom is also conveniently located on this level.

The upper floors accommodate three generously-sized double bedrooms that highlight various charming period details waiting to be preserved or updated. One of the standout aspects of this townhouse is its substantial private garden at the rear, which could become an attractive outdoor space with some landscaping and maintenance. Additionally, there’s a store/garage that could serve multiple purposes in your renovation plans.

With Council Tax Band - E, this property embodies both charm and potential for those looking to invest in York's competitive market.

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Investment analysis

(YO31 area)

Below Market Value

This property is priced -2.4% below area average per sq ft

-2.4%
Potential saving
This Property
£344/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£450,693
10% above area average per sq ft
Potential ROI
+0.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (YO31)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +1.5%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on YO31 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

Monkgate, York
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-11.1% since listed
£400,000£25,000(-5.9%)
10/10/2025
Current price
£425,000£25,000(-5.6%)
26/07/2025
£450,000Initial listing
17/01/2025

Next Steps

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