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Severus Avenue, York, YO24 4LX - Image 1
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Severus Avenue, York, YO24 4LX

Yorkshire

£500,000
Listed on 09/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1587 sqft

Description

This four-bedroom detached home is located in the desirable area of Acomb, known for its residential charm and community feel. Set on a substantial plot, the property presents an excellent opportunity for renovation and investment. Its spacious layout offers the flexibility ideal for families, while also providing a canvas for those looking to personalize their living space. Upon entering, you’re greeted by a welcoming hallway that leads to a front reception room equipped with an adjoining shower room. The kitchen opens into a bright living room that accesses a conservatory-style garden room, seamlessly connecting indoor and outdoor spaces. This leads out to a large rear garden, perfect for both relaxation and potential landscaping improvements. The upper level features four well-sized bedrooms along with a house bathroom. Additionally, there is loft ladder access which not only provides extra storage but could also offer possibilities for expansion subject to planning approvals. Externally, the property includes a driveway and garage, enhancing convenience and practicality. Nestled on a quiet street, it benefits from proximity to local amenities, reputable schools, and reliable transport links to York city centre and beyond. With no onward chain, this home represents a rare chance for buyers to invest in a property where they can add value through thoughtful updates and renovations. Whether you're seeking to create your dream family home or an investment opportunity in a sought-after locale, this property has remarkable potential waiting to be unlocked.

Investment Analysis

(YO24 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£315/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£594,585
10% above area average per sq ft
Potential ROI
+10.1%
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

Severus Avenue, York, YO24 4LX
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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
£1,832
Based on a loan of £375,000 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