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Albemarle Road, York

Yorkshire

£400,000
Listed on 07/05/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1520 sqft

Description

Here is a compelling opportunity to take on a property located in the sought-after South Bank area, known for its potential as both a residential haven and an investment asset. This spacious residence, offering over 1500 square feet of internal space, features a configuration that invites creative renovation. The entrance hall welcomes you into a reception room adorned with an original fireplace and traditional wood floors, exuding character. At the rear, the kitchen/diner retains charming original elements including quarry tiles and another fireplace, making it an ideal candidate for modernisation while preserving its historical charm. A utility area and W/C add to the practicality of the layout.

The first floor hosts two double bedrooms alongside a house bathroom, while the second floor boasts two additional bedrooms equipped with a shower room. The back yard is generously proportioned, providing ample storage and access via a gate to an alleyway.

Offered without onward chain, this property represents an exciting opportunity for renovations that could enhance its value significantly in this desirable location.

Investment Analysis

(YO23 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£263/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£307
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£646,061
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (YO23)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +0.9%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on YO23 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

Albemarle Road, York
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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
£1,427
Based on a loan of £300,000 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.

Stamp Duty Calculator

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