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Oaklea, Wrelton, Pickering, YO18 8PF

Yorkshire

£399,950

Listed on 28/04/2026

Property details

Bedrooms
3
Type
Terraced
Area
1066 sqft

Description

This three-bedroom terraced property presents a unique opportunity for those looking to invest in a home with character and exceptional renovation potential. Nestled in a sought-after Yorkshire location, the residence boasts an expansive garden that overlooks serene countryside, offering an ideal backdrop for outdoor endeavors and future enhancements. Upon entering, you are welcomed by a spacious living room filled with natural light streaming through the sliding sash windows. The room features charming ceiling beams that add to its warmth, setting the stage for both relaxation and social gatherings. Flowing from the living area is a kitchen/dining space that comes equipped with essential cabinetry and integrated appliances, yet it offers plenty of room for modernisation to meet personal tastes. On the first floor, you will find three generously sized bedrooms, providing ample accommodation options; whether used as sleeping quarters or tailored into study spaces. The principal bedroom allows for larger furnishings while additional rooms can serve multiple purposes for family or guests. A family bathroom services this level, currently equipped with standard fittings but ripe for upgrade. The rear garden is where this property truly excels, stretching towards open land and featuring several outbuildings equipped with power and water supply—ideal for conversion into workshops or additional storage. For those interested in gardening or outdoor activities, the greenhouse adds another layer of utility to the already impressive outdoor space. Additional comforts include gas central heating and secondary glazing throughout, ensuring year-round comfort. With its blend of character details and significant scope for improvement, this property represents an attractive prospect within today’s market—a true canvas waiting to be transformed into your ideal home.

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Investment analysis

(YO18 area)

Above Market Value

This property is priced +27.2% above area average per sq ft

+27.2%
This Property
£375/sq ft
Area Average
£295/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£345,917
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (YO18)

Area prices are falling by -3.8% over the last 12 months
3 year growth: +11.5%
5 year growth: +15.3%
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

Oaklea, Wrelton, Pickering, YO18 8PF
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £299,962 over 30 years at 4.45% 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

Next Steps

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