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Fern View, Nafferton Road, Wansford, YO25 8NT - Image 1
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 2
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 3
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 4
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 5
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 6
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 7
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 8
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 9
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 10
Fern View, Nafferton Road, Wansford, YO25 8NT - Image 11

Fern View, Nafferton Road, Wansford, YO25 8NT

Yorkshire

£150,000
Listed on 01/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1336 sqft

Description

This charming detached dormer house, originally built in 1849 as a village schoolhouse, offers a unique opportunity for renovation and investment in the sought-after village of Wansford. The property is set on a sizeable plot that currently requires some clearing and landscaping, but it presents an excellent canvas for those looking to create their vision of home. While the interior remains unfinished, significant structural updates have already been made. The roof has been replaced, new windows installed, and a rear extension has been added. Existing plans from 1998 reveal potential enhancements that include expanding the kitchen, adding utility facilities, and creating additional bedrooms and bathrooms—ideas that could be revitalized with fresh designs. Currently, internal studwork has been set up for future living space on the first floor, along with new flooring already in place. Wansford is conveniently located approximately four miles southeast of Driffield and offers accessible road links to nearby towns such as Beverley, Hull, and Bridlington. This location not only provides a quaint village atmosphere but also easy access to a variety of shopping options including both national chains and local boutiques. Upon completion of renovations, the property could accommodate a ground floor comprising a porch, living room, snug/bedroom 3, kitchen, utility room, and WC. The first floor is planned for two bedrooms and a bathroom—ideal for families or as rental units. Though there are some necessary upgrades to consider—including septic system modernization and electrical work—the potential for this property is significant. A dilapidated garage is present on site offering further possibilities for conversion or redevelopment. Given its unique history and prime location in Wansford combined with the ongoing potential for expansion and improvement, this property represents an exciting opportunity for cash buyers eager to invest in either their dream home or rental income potential.

Investment Analysis

(YO25 area)

Below Market Value

This property is priced -52.0% below area average per sq ft

-52.0%
Potential saving
This Property
£112/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£186
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£343,739
10% above area average per sq ft
Potential ROI
+27.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (YO25)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 0.2%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on YO25 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.

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Location

Fern View, Nafferton Road, Wansford, YO25 8NT
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