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The Reeves, York, North Yorkshire, YO24

Yorkshire

£225,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
834 sqft

Description

This semi-detached home, located in a quiet cul-de-sac, presents a compelling opportunity for both renovation and investment. With no onward chain, the property is ready for new owners to explore its potential. The front garden is well-kept and offers the possibility of creating a driveway, subject to planning permission. Upon entering, you are greeted by a spacious hallway that leads to a well-sized living room. The kitchen connects seamlessly to the dining area, providing an open layout ideal for modern living. Upstairs, you'll find two ample double bedrooms equipped with fitted wardrobes, alongside a shower room that serves the upper level. The rear of the property features a sizable south-facing garden, which not only enhances outdoor living but also offers generous space that may be suited for future development or landscaping projects. There is also a brick-built storage area outside, adding practical utility to the property. Having been cherished by its current owners for many years, this home now invites new ideas and renovations to bring it up to contemporary standards. Given its layout and location, the property holds significant potential for modernisation and further development with appropriate permissions. Situated in Acomb, residents benefit from various shopping options and accessible public transport routes into York city centre. Additionally, local primary and secondary schools along with sports facilities enrich the community experience. For those commuting, quick access to the ring road simplifies connections to major routes such as A64 and A59. Overall, this residence provides an excellent canvas for investors or first-time buyers looking to create their vision in a promising location. Early viewings are encouraged to fully appreciate the space and potential that this property has to offer.

Investment Analysis

(YO24 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£270/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£312,466
10% above area average per sq ft
Potential ROI
+20.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (YO24)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 1.3%
5 year growth: 23.0%
Investment Disclaimer: Analysis based on YO24 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

The Reeves, York, North Yorkshire, YO24
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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
£824
Based on a loan of £168,750 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