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First Avenue, Pickering

Yorkshire

£395,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1606 sqft

Description

Situated on a desirable street in Pickering, this property presents substantial opportunities for both renovation and expansion. Occupying an ample 0.3-acre plot, it benefits from a set-back position that affords considerable driveway space, while the tandem garage and workshop offer potential for further development into the main house, pending necessary permissions. The rear garden is expansive and mature, featuring distant views of Pickering Castle, perfect for enhancing outdoor living space. The interior provides versatile living arrangements with four reception areas, three bedrooms (including one on the ground floor), and a significant roof space that remains undeveloped but holds promise for future transformation. Located within a well-established no-through road close to local amenities and schools, this property is an attractive prospect for families seeking room to grow. All essential services are connected, including gas central heating from a wall-mounted boiler located in the kitchen. The spaces include a sitting room with charming windows on multiple sides, a dining area leading into a conservatory that opens to the garden, alongside functional kitchen units equipped with built-in appliances. Overall, this property offers an exciting canvas for creative enhancement and extensive potential growth in value as market demand continues to rise in this sought-after area.

Investment Analysis

(YO18 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£246/sq ft
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£516,907
10% above area average per sq ft
Potential ROI
+16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (YO18)

Area prices are falling by -5.9% over the last 12 months
3 year growth: +10.8%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on YO18 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

First Avenue, Pickering
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 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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