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Main Street & Water Tower Enclosure, Wheldrake, York

Yorkshire

£450,000
Listed on 13/02/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
753 sqft

Description

Presenting an exceptional opportunity to acquire a distinctive detached former doctor's surgery alongside a four-storey water tower, situated on a generous plot in the sought-after village of Wheldrake. This area is known for its appealing community atmosphere and convenient amenities, along with robust transport links to York and surrounding regions. Notably, the property lies within the catchment area for Fulford Secondary School, recognized for its 'Outstanding' rating by Ofsted, thereby increasing its value as a residential development site. The combined plots offer promising potential for conversion into residential units, pending necessary planning permissions. Currently vacant, this unique property awaits visionary buyers ready to explore its full potential.

Investment Analysis

(YO19 area)

Above Market Value

This property is priced +78.9% above area average per sq ft

+78.9%
This Property
£598/sq ft
Area Average
£334/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£276,694
10% above area average per sq ft
Potential ROI
-60.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (YO19)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +8.9%
5 year growth: +20.2%
Investment Disclaimer: Analysis based on YO19 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 & Water Tower Enclosure, Wheldrake, York
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 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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