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Sutherland Street, South Bank, YO23

Yorkshire

£265,000
Listed on 28/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
806 sqft

Description

This three-bedroom mid-terrace property presents an excellent opportunity for renovation and investment in the desirable South Bank area. With no forward chain, the home is ready for a new owner to personalize it after years of care by the current vendor. The layout includes two reception rooms, providing options for flexible living arrangements or potential reconfiguration. The entrance hall leads to a welcoming lounge that opens into the dining area, creating a versatile space for entertaining. The kitchen features essential wall and base units, with space designated for appliances, while the ground floor bathroom adds convenience, albeit with potential for relocation to enhance functionality. Upstairs, the property boasts three bedrooms, each benefiting from natural light through double-glazed windows. There is also room for improvement; consider transforming Bedroom 3 into a modern bathroom or exploring loft conversion possibilities to increase living space (subject to necessary permissions). The enclosed yard at the rear offers potential for outdoor usage or landscaping projects. Additionally, this location provides easy access to local amenities and parks, including the York Knavesmire, ideal for both families and investors seeking rental opportunities in a sought-after neighborhood. With its solid structure and promising layout, this property is primed for refurbishment. An internal viewing can reveal further possibilities waiting to be explored in this charming home.

Investment Analysis

(YO23 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£329/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£356
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£346,749
10% above area average per sq ft
Potential ROI
+17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (YO23)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -1.5%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on YO23 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

Sutherland Street, South Bank, YO23
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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
£971
Based on a loan of £198,750 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