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Askham Lane, York

Yorkshire

£260,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

Situated in a desirable neighborhood of Acomb, this three-bedroom semi-detached home presents a solid foundation for renovation and future investment. The property is positioned on a generous plot, offering a private rear outlook that enhances the sense of space and seclusion. Inside, the layout begins with an entrance hall that leads to a spacious living room featuring a large bay window, which allows natural light to illuminate the space. Adjacent is a second reception room that connects to the kitchen, as well as access to an external storage area and a convenient ground floor WC. This layout provides ample opportunity for updates or modifications that could increase functionality and comfort. Upstairs, you'll find two well-sized double bedrooms equipped with built-in storage—one of which retains a charming original fireplace—alongside a single bedroom and a family bathroom comprising three essential pieces. Each of these spaces has potential for updates that could modernize the interior while enhancing value. The outdoor space is particularly noteworthy, with a west-facing rear garden predominantly laid to lawn and featuring patio areas for outdoor enjoyment. It also includes a brick-built outbuilding and an additional shed, all surrounded by mature hedging that ensures privacy. The front garden offers further possibilities; there is potential to develop driveway parking if desired, adding another layer of convenience. This property comes without onward chain complications, making it an appealing option for those looking to invest in an area known for its family-friendly atmosphere and proximity to reputable schools. With some thoughtful renovations, this home could not only become more suitable for personal needs but also serve as an attractive investment in the long term. Early viewing is recommended to fully appreciate the opportunities this home presents.

Investment Analysis

(YO24 area)

Below Market Value

This property is priced -17.6% below area average per sq ft

-17.6%
Potential saving
This Property
£281/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£346,935
10% above area average per sq ft
Potential ROI
+23.9%
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

Askham Lane, 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
£952
Based on a loan of £195,000 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