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Severus Avenue, York YO24 - Image 1
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Severus Avenue, York YO24

Yorkshire

£550,000
Listed on 19/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1587 sqft

Description

This four-bedroom detached home presents a significant opportunity for renovation and investment in a desirable residential area of Acomb. Situated on a generous plot, the property features a spacious garden, driveway, and garage, making it an attractive option for families or those looking to put their personal touch on their living space. Although the home requires cosmetic updating, its flexible layout provides ample potential for creative improvements. The ground floor offers a welcoming entrance hall leading to a front reception room equipped with an adjoining shower room. A functional kitchen connects to a bright living room, which has access to a conservatory-style garden room that opens directly onto the expansive rear garden—perfect for outdoor activities or future landscaping projects. On the upper level, you will find four well-sized bedrooms alongside a family bathroom. Additionally, there is loft ladder access to a versatile loft room that could serve as extra storage or be further developed subject to obtaining the necessary planning permissions. The exterior of the property includes ample off-street parking and an extensive rear garden that could be transformed into an inviting outdoor space. Located on a quiet street with established community ties, this home provides easy accessibility to local amenities, schools, and strong transport links into York city centre. With its combination of size, location advantages, and renovation potential, this property is ideal for buyers eager to invest in their future while creating a personalized living environment.

Investment Analysis

(YO26 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£347/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£597,553
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Monthly Sales
27
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (YO26)

Area prices are falling by +11.9% over the last 12 months
3 year growth: -4.9%
5 year growth: 14.9%
Investment Disclaimer: Analysis based on YO26 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Severus Avenue, York YO24
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