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Scarborough Terrace, York

Yorkshire

£240,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
689 sqft

Description

Situated in the desirable Burton Stone Lane area, this two-bedroom Victorian terrace offers a blend of classic architecture and potential for modern enhancement. Its location is particularly advantageous, being a short distance from key amenities such as York District Hospital and York Train Station, as well as the cultural richness of the city center. Upon entering, you are greeted by a bright hallway that leads to a front-facing living room. This space features a generous window that invites natural light, along with an attractive fireplace that serves as a charming focal point. Adjacent to the living room is a spacious dining area, also filled with light from a large window overlooking the rear courtyard garden. The kitchen at the back of the property comes equipped with both wall and base units, providing plenty of storage and work surface area, presenting an opportunity for future upgrades. The first floor hosts two well-sized bedrooms, including a sizable primary bedroom at the front of the home. Complementing this accommodation is a stylish three-piece bathroom featuring both a shower and freestanding bath. Outside, the property features a good-sized rear courtyard that is fully enclosed, creating an inviting private outdoor space ideal for relaxation or potential landscaping projects. This property is offered with no onward chain, making it an appealing option for those looking to invest in updating and personalizing a period home in a sought-after location. With its solid structure and character details, it stands ready for renovation opportunities that can enhance both comfort and value over time. Early viewing is encouraged to appreciate its full potential.

Investment Analysis

(YO30 area)

Below Market Value

This property is priced -0.5% below area average per sq ft

-0.5%
Potential saving
This Property
£348/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£443
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£265,379
10% above area average per sq ft
Potential ROI
-1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (YO30)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 1.2%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on YO30 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

Scarborough Terrace, 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
£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