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Sutherland Street, South Bank, YO23 - Image 1
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Sutherland Street, South Bank, YO23

Yorkshire

£265,000
Listed on 27/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
806 sqft

Description

This well-proportioned three-bedroom mid-terrace property presents an excellent opportunity for renovation and investment in the desirable South Bank area of York. The versatile layout includes an entrance hall, a lounge that flows into a dining room, a kitchen, and a ground-floor bathroom. Upstairs, you will find three generous bedrooms, with the potential to transform Bedroom 3 into an en-suite by relocating the bathroom to the first floor. Furthermore, there is scope to convert the loft into additional living space, pending necessary permissions. An enclosed courtyard provides outdoor space and features a brick outbuilding for storage or possible redevelopment. With careful updates and personal touches, this home can become a standout residence in a sought-after locale.

Investment Analysis

(YO23 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£329/sq ft
Area Average
£392/sq ft
Avg Rent (weekly)
£311
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£347,547
10% above area average per sq ft
Potential ROI
+15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (YO23)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -3.5%
5 year growth: 14.4%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£956
Based on a loan of £198,750 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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