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Blossom Street, York

Yorkshire

£2,500,000

Listed on 03/06/2026

Property Details

Bedrooms
17
Type
House
Area
6655 sqft

Description

This property presents a distinctive freehold opportunity for both residential and holiday let investments, ideally located near the vibrant heart of York, with convenient access to the railway station. Comprising fourteen self-contained apartments across two separate buildings, this asset has already received planning approval for holiday let usage, enhancing its investment appeal. The front-facing Grade II Listed structure at 22 and 26 Blossom Street has been thoughtfully restored and modernized, now housing seven apartments — including three two-bedroom units and four one-bedroom configurations. Each unit features new kitchens and bathrooms alongside stylish internal finishes that preserve the building's historical charm. Additionally, the secure basement beneath this building offers exciting development prospects for further apartments or office spaces, pending necessary planning permissions. Meanwhile, 24 Blossom Street consists of a purpose-built apartment block spanning three stories, offering seven contemporary units with energy-efficient designs and individual air source heat pumps. The property benefits from communal garden space along with secure facilities for bicycles and refuse storage. Given York's ongoing influx of visitors throughout the year, this development stands as an optimal candidate for serviced accommodation or short-term rental ventures. An investment in this property not only adds immediate value through its existing renovations but also holds significant potential for future enhancement and income generation.

Investment Analysis

(YO24 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£376/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£2,521,546
10% above area average per sq ft
Potential ROI
-13.1%
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
12%
Properties sold annually

Local Market Trend (YO24)

Area prices are falling by -3.1% over the last 12 months
3 year growth: +0.2%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on YO24 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

Blossom Street, York
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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
£9,445
Based on a loan of £1,875,000 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

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