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Forest Way, York YO31 1BJ

Yorkshire

£395,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1145 sqft

Description

This semi-detached residence, located in the desirable Heworth area of York, presents a promising opportunity for those looking to invest in a property with significant potential for enhancement. The home features two spacious reception rooms and three generously sized bedrooms, ideal for family living. A manageable garden accompanies the single garage and off-street parking, ensuring convenience is at hand. While the property is structurally sound with a modern combination boiler and double glazing, it invites updates to further realise its full potential. An entrance porch creates an inviting entry point leading to a hallway that connects to both the main living areas and first-floor stairs. The sitting room boasts a large bay window that floods the space with natural light alongside a charming feature fireplace. The second reception serves as a dining area with another bay window view of the garden, enhanced by pine flooring and a gas fire. Additionally, the kitchen includes basic storage units alongside a walk-in pantry and the possibility of redesigning side storage areas into an expansive open-plan layout. Upstairs provides two double bedrooms and one smaller double bedroom, all featuring fireplaces—ideal for those looking to incorporate character while modernising their design. The rear garden offers ample space but requires some landscaping to unlock its full potential for outdoor enjoyment. Positioned close to Stockton Lane and within easy reach of York city centre and local amenities, this property stands as an excellent canvas for renovation or extension (subject to planning consents), making it a strong contender in today’s market.

Investment Analysis

(YO31 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£345/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£341
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£440,447
10% above area average per sq ft
Potential ROI
+1.3%
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

Forest Way, York YO31 1BJ
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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
£1,425
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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