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Main Street, Knapton, York

Yorkshire

£325,000
Listed on 01/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
716 sqft

Description

Situated in the quaint village of Knapton, this substantial two-bedroom semi-detached bungalow offers a prime opportunity for those looking to invest in a property with renovation potential. The home is available with no onward chain, making it an attractive option for buyers eager to put their personal stamp on a dwelling that warrants modernization. Inside, the layout features an entrance hall leading into a spacious living room that enjoys a front-facing aspect. The kitchen, located at the rear, provides convenient access to the garden, creating possibilities for outdoor entertaining or expansion. Both bedrooms are generously sized, providing ample accommodation alongside a three-piece bathroom that could also benefit from updates. One notable feature is the loft room with generous ceiling height; this space not only offers valuable storage but also presents an opportunity for conversion into additional living quarters or even a home office, pending necessary planning approvals. The exterior of the property reveals well-sized gardens at both the front and back, offering various landscaping possibilities. A driveway accommodates off-street parking for multiple vehicles and leads to a brick-built double garage. This area adds practicality and could serve as an ideal workshop or creative space. With its serene village setting complemented by proximity to Acomb’s amenities and excellent transport links to York city center and the ring road, this bungalow stands as a promising candidate for anyone seeking to invest in real estate with room for enhancement. Early viewing is encouraged to appreciate its potential fully.

Investment Analysis

(YO26 area)

Above Market Value

This property is priced +33.1% above area average per sq ft

+33.1%
This Property
£454/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£268,572
10% above area average per sq ft
Potential ROI
-24.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (YO26)

Area prices are falling by +9.1% over the last 12 months
3 year growth: -4.7%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on YO26 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

Main Street, Knapton, 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
£1,191
Based on a loan of £243,750 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