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Exchange Street, Driffield, YO25 6LJ - Image 1
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Exchange Street, Driffield, YO25 6LJ

Yorkshire

£40,000

Listed on 06/05/2026

Property Details

Bedrooms
4
Type
End Of Terrace

Description

This end-terrace property, originally a residential home but recently utilized as a commercial shop and workshop, presents a significant opportunity for developers or investors looking to undertake a comprehensive renovation project. The property is positioned conveniently near the town centre and adjacent to new parking facilities, making it ideal for continued commercial use or conversion back to residential status, pending planning approval. The layout offers ample scope for creating two reception areas, a dining space, kitchen, utility room, three bedrooms, and a bathroom upstairs, providing flexibility in design. Although currently in need of total modernisation, this blank canvas allows for creativity and could greatly benefit from the revitalization efforts in the growing market town of Driffield, which boasts various amenities and excellent transport links to nearby cities like Beverley and York.

Investment Analysis

(YO25 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£180
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (YO25)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.2%
5 year growth: +10.2%
Investment Disclaimer: Analysis based on YO25 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

Exchange Street, Driffield, YO25 6LJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£143
Based on a loan of £30,000 over 30 years at 3.97% 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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