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Plum Street, Norton, Malton

Yorkshire

£115,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
683 sqft

Description

This detached bungalow, part of a quartet of similar homes, presents a unique opportunity for buyers looking to invest in renovation potential. While the property has been well-maintained internally, it is now ripe for modernization and update to meet contemporary standards. With two bedrooms, a spacious lounge, kitchen, and bathroom, there is ample space to reconfigure or enhance according to personal tastes. The external areas include a manageable front garden and a sizable rear garden that has become overgrown but offers great possibilities for landscaping or expansion. Please note that this property is classified as 'Non-Traditional' construction, which may pose challenges for traditional mortgage financing; cash buyers are encouraged. Additionally, access is pedestrian only from Plum Street, adding a quaint element to its appeal. Situated in vibrant Norton within Malton, the location benefits from nearby schools and amenities along with excellent transport options including a nearby train station connecting to key cities like York and Scarborough. Ideal for those seeking a project with investment prospects.

Investment Analysis

(YO17 area)

Below Market Value

This property is priced -38.2% below area average per sq ft

-38.2%
Potential saving
This Property
£168/sq ft
Area Average
£272/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£204,579
10% above area average per sq ft
Potential ROI
+36.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (YO17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -7.4%
5 year growth: 6.4%
Investment Disclaimer: Analysis based on YO17 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

Plum Street, Norton, Malton
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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
£421
Based on a loan of £86,250 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