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Melbourne Street, York

Yorkshire

£350,000
Listed on 02/12/2025

Property Details

Bedrooms
2
Type
Terraced
Area
955 sqft

Description

Situated in the desirable Fishergate area, this charming family home offers an exciting chance for new owners to personalize and modernize. After being cherished by the same family for over 75 years, the property features well-preserved original characteristics that can be further enhanced through thoughtful updates. The inviting entrance leads to a light-filled reception room with a characteristic bay window, showcasing traditional features such as picture rails and decorative cornicing. A second reception room at the rear comes with its own fireplace and offers views of the courtyard garden, while the adjoining kitchen provides a solid foundation with numerous units and ample worktop space ready for customization. On the first floor, two spacious bedrooms are complemented by original elements; one bedroom is currently divided but could easily be reverted to a single larger space with dual windows. The second bedroom boasts an original fireplace and Victorian wardrobe, adding charm. The property's bathroom includes a three-piece suite alongside practical built-in storage. Outside, the south-facing courtyard garden presents a tranquil retreat featuring mature plantings and traditional brick walls. Included are two outbuildings that enhance potential usage or storage options. Permit parking is conveniently available on-street. This property not only holds significant period allure but also exceptional renovation potential in a sought-after location, making early viewing essential for those looking to invest in future opportunities.

Investment Analysis

(YO10 area)

Above Market Value

This property is priced +3.9% above area average per sq ft

+3.9%
This Property
£366/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£313
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£370,564
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (YO10)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +0.4%
5 year growth: +13.7%
Investment Disclaimer: Analysis based on YO10 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

Melbourne Street, York
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-4.1% since listed
£350,000£15,000(-4.1%)
18/02/2026
Current price
£365,000Initial listing
06/12/2025

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