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Russell Street, York

Yorkshire

£300,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
856 sqft

Description

This well-positioned three-bedroom period townhouse presents a unique opportunity for renovation and investment. Nestled in a desirable neighborhood, the property is conveniently located near the Bishy Road shopping parade, offering a variety of local shops and amenities, while also being within walking distance to both the railway station and city center. Upon entering, you'll find a vestibule that leads into a spacious hallway with character features typical of its era. The lounge, complete with a bay window, invites natural light and provides a cozy space for relaxation. Adjacent to the lounge is the dining room, which overlooks the rear courtyard, further enhancing the potential for indoor-outdoor living. The kitchen is functional and offers ample space for future upgrades, with fitted units and access to the walled rear courtyard—a private outdoor area that could be transformed into an inviting garden retreat or entertainment space. Upstairs, the galleried landing connects three bedrooms, each with their own window views—two facing the front and one overlooking the rear garden. While one bedroom was originally part of a larger master suite, it now provides flexibility for various uses—whether as additional sleeping space or a home office. The bathroom includes a three-piece suite with potential for modernization to suit contemporary tastes. Although the property requires refurbishment throughout, its generous layout and prime location make it an excellent investment opportunity. With thoughtful updates, this townhouse could achieve significant value appreciation while providing comfortable living in a sought-after area.

Investment Analysis

(YO23 area)

Below Market Value

This property is priced -10.4% below area average per sq ft

-10.4%
Potential saving
This Property
£350/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
£368,260
10% above area average per sq ft
Potential ROI
+11.6%
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

Russell Street, 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
£1,099
Based on a loan of £225,000 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