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Manor Way, York

Yorkshire

£350,000
Listed on 22/02/2025

Property Details

Bedrooms
2
Type
Detached house
Area
858 sqft

Description

This spacious detached bungalow is nestled in the sought-after village of Rawcliffe, located to the northwest of York city centre. The area is well-regarded for its excellent transportation options, including easy access to York railway station, the outer ring road, and bus services that connect residents to both the city centre and beyond. With a variety of local amenities such as shops and dining options nearby, this location is appealing for both homeowners and potential renters. Having been a cherished home for many years, this property presents significant renovation opportunities for new owners looking to personalize their space or invest in enhancements that could increase its value. The interior begins with an entrance hall leading into a spacious living room at the front of the house. This room features a large window that allows an abundance of natural light to fill the space throughout the day. Adjacent to the living area is a kitchen equipped with a selection of wall and base units, offering ample storage and workspace. From here, side access leads directly to the driveway. The bungalow comprises two well-sized double bedrooms located towards the rear, with the master bedroom benefiting from built-in storage. The second bedroom connects directly to a bright conservatory, creating additional versatile living space that could be adapted for various uses. A three-piece bathroom completes the internal layout. Set on a generous plot, the property showcases a substantial rear garden that includes lawn areas, patios, and flower beds—ideal for gardening enthusiasts or outdoor entertainment. Given the size of this plot, there is also considerable potential for expansion through a rear extension (subject to obtaining necessary planning permissions). For parking convenience, there is driveway access at both the front and side of the property leading to a single detached garage. This residence is being offered with no onward chain and is anticipated to attract significant interest due to its location and development possibilities. Early viewings are encouraged for those looking to explore its full investment potential.

Investment Analysis

(YO30 area)

Above Market Value

This property is priced +16.5% above area average per sq ft

+16.5%
This Property
£408/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£443
Avg Yield
6.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£330,472
10% above area average per sq ft
Potential ROI
-11.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (YO30)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 1.2%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on YO30 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

Manor Way, York
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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
£1,282
Based on a loan of £262,500 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