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Garnet Terrace, York

Yorkshire

£240,000
Listed on 11/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
860 sqft

Description

Located in a well-connected neighborhood of York, this three-bedroom mid-terrace home presents an appealing opportunity for those interested in a renovation project. The property’s strategic position offers excellent transport links, making it convenient for commuting to the city center, accessing the railway station, and navigating the outer ring road. Families will appreciate the proximity to reputable schools and various amenities, including local shops, cafés, and picturesque riverside walks. Upon entering, you are greeted by a hallway leading into a bright, dual-aspect living and dining room. The space is enhanced by natural light streaming through both the traditional front bay window and the rear window. Adjacent to this area is a kitchen that features more space than typically found in similar terrace homes; it includes a selection of wall and base units designed for practicality. At the back of the house, there is a bathroom equipped with a classic white suite. On the upper level, you will find three bedrooms, with the primary bedroom situated at the front of the house—providing potential for serene views. Externally, there is a small forecourt at the front that offers a pleasant leafy outlook while the rear features a compact courtyard ideal for private outdoor relaxation. The property is in need of comprehensive renovation and modernization, presenting an exciting blank slate for anyone looking to create a home tailored to their personal style in this desirable location.

Investment Analysis

(YO26 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£279/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£24,000 - £60,000
10-25% of property value
Target Value
£323,816
10% above area average per sq ft
Potential ROI
+7.9%
After renovation
Monthly Sales
27
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (YO26)

Area prices are falling by +11.9% over the last 12 months
3 year growth: -4.9%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on YO26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Garnet Terrace, York
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