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Farfield, York, North Yorkshire, YO26

Yorkshire

£245,000
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
409 sqft

Description

This spacious two-bedroom semi-detached chalet-style house offers a unique opportunity for renovation enthusiasts and investors alike. Located in a peaceful cul-de-sac, less than two miles from the historic city walls of York, the property boasts a desirable south-west facing rear garden that is perfect for outdoor projects. While it benefits from gas central heating and double glazing, the interior requires updating to fully realize its potential. The ground floor features an entrance hallway leading to a dual aspect lounge/dining area with both front and back windows, providing ample natural light. The kitchen overlooks the garden and comes equipped with basic wall and base units; however, it would benefit from modern upgrades to enhance functionality. A conveniently located shower room and separate WC complete this level. Upstairs, you will find two double bedrooms featuring dormer windows and fitted wardrobes—a good foundation for creating comfortable living spaces. With no forward chain, this property presents an attractive opportunity for buyers looking to invest in a home that can be transformed into their dream space or a profitable rental asset.

Investment Analysis

(YO26 area)

Above Market Value

This property is priced +75.7% above area average per sq ft

+75.7%
This Property
£599/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£153,416
10% above area average per sq ft
Potential ROI
-43.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (YO26)

Area prices are falling by +9.1% over the last 12 months
3 year growth: -4.7%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on YO26 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

Farfield, York, North Yorkshire, YO26
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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
£897
Based on a loan of £183,750 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