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Ripon Croft, Heworth, York

Yorkshire

£145,000
Listed on 03/03/2026

Property Details

Bedrooms
2
Type
Apartment
Area
636 sqft

Description

This two-bedroom apartment, located on the first floor, offers an attractive opportunity for renovation and investment. Nestled approximately half a mile from the vibrant heart of York city centre, it benefits from close proximity to local amenities including restaurants, shops, and cultural attractions. The entrance to the building features a communal intercom system, leading you up to the apartment which boasts an open plan living area enhanced by natural light streaming through Juliet balcony doors. Although this property has been a cherished home for over 15 years, it presents a canvas for cosmetic improvements tailored to modern tastes. The kitchen is equipped with essential base and wall units alongside integrated appliances. In addition to two bedrooms and a functional bathroom, this space holds significant potential for buyers looking to add value through thoughtful upgrades. With no onward chain, this property is especially suited for cash buyers eager to explore its possibilities.

Investment Analysis

(YO31 area)

Below Market Value

This property is priced -34.8% below area average per sq ft

-34.8%
Potential saving
This Property
£228/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£341
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£244,650
10% above area average per sq ft
Potential ROI
+48.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (YO31)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +4.7%
5 year growth: +17.9%
Investment Disclaimer: Analysis based on YO31 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

Ripon Croft, Heworth, York
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£523
Based on a loan of £108,750 over 30 years at 4.06% 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.

Price History

-21.6% since listed
£145,000£40,000(-21.6%)
25/03/2026
Current price
£185,000Initial listing
21/11/2025

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