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Monk Avenue, York

Yorkshire

£400,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1038 sqft

Description

This detached bungalow presents a unique opportunity for renovation in a desirable area of York, located on a quiet private road just off Stockton Lane. While the property is currently in need of extensive refurbishment, its two spacious bedrooms and flexible living spaces offer ample potential for reconfiguration to suit modern living standards. The layout includes an entrance porch, two generously sized reception rooms, a kitchen, and a shower room, all awaiting transformation. Additionally, the attractive rear garden provides a tranquil outdoor space that could be enhanced further with landscaping. With no onward chain and excellent proximity to York city centre and major transport routes, this property offers significant investment potential for those willing to undertake a full renovation to create a bespoke home tailored to their preferences.

Investment Analysis

(YO31 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£385/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£402,599
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (YO31)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +1.5%
5 year growth: +11.5%
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

Monk Avenue, York
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Mortgage Calculator

£
£
£
%
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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 £300,000 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.

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