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Commercial Street, Norton, Malton

Yorkshire

£240,000
Listed on 23/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1619 sqft

Description

This three-bedroom Grade II listed property presents a unique opportunity for renovation and investment, situated in a prime location with considerable potential. The home features a well-proportioned layout spread over three floors, allowing for creative redesign and modernization efforts. The ground floor includes a fitted breakfast kitchen, two reception areas—one of which boasts an open fireplace—and a conservatory that overlooks the rear garden, providing a tranquil spot for reflection or entertainment. On the first floor, you will find three bedrooms along with a house bathroom, while the second floor offers an expansive attic room that could serve as an additional bedroom or versatile living space, adding further value to the property. The exterior of the property is equally noteworthy, featuring a sizable south-facing enclosed garden that not only provides plenty of outdoor space but also ample parking for multiple vehicles. The presence of various brick outbuildings and a large garage/studio reflects the property's potential for development or conversion, whether for personal use or rental income. Located within easy reach of Malton and Norton’s amenities—including shops, schools, and public transport—this property enjoys connectivity to regional food festivals and recreational activities in the surrounding Derwent Valley and Howardian Hills Area of Outstanding Natural Beauty. Plus, immediate access to the A64 facilitates convenient travel east or west towards major motorway connections. For those looking to invest in a residential property ripe for modernisation in a desirable area with rich local culture and amenities, this home offers substantial scope for enhancement and personalisation. General information indicates mains water, electricity, gas connections are in place with gas central heating and partial uPVC double glazing. The local council rates classify this property under band C. It's worth noting that it is being sold freehold with vacant possession upon completion. Viewing is strictly by appointment through our agency.

Investment Analysis

(YO17 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£148/sq ft
Area Average
£270/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£481,021
10% above area average per sq ft
Potential ROI
+50.3%
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
27%
Properties sold annually

Local Market Trend (YO17)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -5.9%
5 year growth: 9.6%
Investment Disclaimer: Analysis based on YO17 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

Commercial Street, Norton, Malton
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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
£879
Based on a loan of £180,000 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