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Melton Avenue, York

Yorkshire

£225,000
Listed on 23/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
608 sqft

Description

This semi-detached bungalow offers a compelling opportunity for those interested in renovation and investment. Located in a desirable residential area near Rawcliffe Lane, the property benefits from excellent access to York city centre, Clifton Moor retail park, and major transport routes, including the A19 and A1237. Local amenities such as shops, cafés, and pubs are conveniently close by, with regular bus services providing easy connections into the city. Spanning approximately 608 sq. ft., the bungalow features a functional layout that can be modernized or reconfigured to better suit contemporary living preferences. The welcoming entrance hallway flows into a spacious bay-fronted sitting room, a rear kitchen, two bedrooms, and a house bathroom. Each of these spaces presents potential for updates that can enhance both comfort and value. The exterior is equally appealing, situated on a generous plot with gardens at both the front and rear. Driveway parking adds convenience, while the detached garage offers additional storage or the possibility of conversion into a workshop or home office—perfect for those looking to create versatile living spaces. This property is sold with no onward chain, making it an attractive option for buyers ready to embark on a renovation project in a well-connected neighborhood. With its prime location and potential for enhancement, this bungalow is poised to be transformed into a personalized home that meets today’s standards.

Investment Analysis

(YO30 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£370/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£443
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£234,180
10% above area average per sq ft
Potential ROI
-11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (YO30)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 1.2%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on YO30 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

Melton Avenue, 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
£824
Based on a loan of £168,750 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