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Middle Street North, Driffield, YO25 6SS - Image 1
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Middle Street North, Driffield, YO25 6SS

Yorkshire

£370,000
Listed on 10/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This former pub, spanning approximately 0.29 acres in the heart of Driffield, presents a significant investment opportunity with granted planning permission for the conversion into four townhouses. Each proposed unit includes thoughtful design features such as three to four bedrooms, with some offering unique amenities like games rooms and private gardens. Moreover, the site permits the addition of two semi-detached houses at the rear, ideal for maximizing potential returns on investment. The building itself is three stories high and retains its original character, providing a canvas for transformation into desirable residential properties. The first-floor living accommodation, previously utilized as a manager's flat, could be renovated to create attractive living spaces in line with modern expectations. This property is strategically located next to local amenities and enjoys proximity to picturesque countryside and coastal areas, making it an appealing proposition in a thriving market town. Potential purchasers may also explore alternative uses for the property pending necessary approvals. This is an advantageous project for developers or investors looking to capitalize on Driffield's growth potential.

Investment Analysis

(YO25 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£165
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (YO25)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -0.2%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on YO25 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

Middle Street North, Driffield, YO25 6SS
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,334
Based on a loan of £277,500 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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