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Pearson Place, York, North Yorkshire, YO31

Yorkshire

£320,000
Listed on 01/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
894 sqft

Description

This semi-detached property, situated within the acclaimed Derwenthorpe development, presents a wonderful opportunity for renovation and investment. Built by David Wilson Homes with a focus on energy efficiency, the home is well laid out with an entrance hall that leads to a convenient ground floor W/C and a modern kitchen equipped with integrated appliances. The expansive living and dining area opens onto a south-west facing garden, ideal for entertaining or relaxing. Upstairs features two generous double bedrooms alongside a contemporary bathroom, while the landing provides extra storage and work-from-home potential. The property includes a covered balcony, perfect for outdoor seating year-round. Externally, enjoy the benefits of designated parking and bike storage alongside a patio area in the rear garden complemented by a large shed. There is significant potential for loft conversion (subject to necessary consents), as evidenced by similar adaptations in neighbouring homes, allowing for additional bedroom space. With local amenities in close proximity and excellent transport links to York city centre, this residence offers both comfort and scope for future enhancements. The monthly management charge of £35.01 ensures the maintenance of shared areas and community facilities, enhancing overall living quality.

Investment Analysis

(YO31 area)

Above Market Value

This property is priced +1.9% above area average per sq ft

+1.9%
This Property
£358/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£451
Avg Yield
6.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£345,321
10% above area average per sq ft
Potential ROI
-2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (YO31)

Area prices are rising by +4.9% over the last 12 months
3 year growth: +5.7%
5 year growth: +20.4%
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

Pearson Place, York, North Yorkshire, YO31
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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
£1,154
Based on a loan of £240,000 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.

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