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Monkgate, York YO31

Yorkshire

£400,000
Listed on 17/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1162 sqft

Description

This historic three-storey townhouse is situated in the desirable Monkgate area, just a short stroll from the heart of York and its iconic Minster. The property is ideally located amidst a vibrant community with convenient access to local amenities including shops, dining options, reputable schools, and supermarkets. The layout features a welcoming reception hall that transitions into a comfortable sitting room, which connects to a dining area complete with a charming fireplace and views of the south-facing garden. The kitchen contains various fitted units, while an adjacent family bathroom provides essential facilities. On the upper levels, you’ll find three generously sized double bedrooms showcasing authentic period characteristics that could be enhanced through renovation. A standout feature of this property is the expansive private garden at the rear, complemented by a store/garage—an asset for potential developments or landscaping. This townhouse presents a promising opportunity for investors or buyers looking to put their stamp on a classic home in a prime location.

Investment Analysis

(YO31 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£344/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£645
Avg Yield
10.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£445,900
10% above area average per sq ft
Potential ROI
+1.3%
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
12%
Properties sold annually

Local Market Trend (YO31)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 6.6%
5 year growth: 21.6%
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

Monkgate, York YO31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE