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Nicholas Street, York YO10

Yorkshire

£220,000
Listed on 18/09/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1163 sqft

Description

This mid-terrace house features three bedrooms and presents a significant opportunity for those interested in renovation and investment. Currently vacant and offered with no onward chain, it allows for immediate planning of a comprehensive modernization project. Upon entering, you are greeted by a central hallway that leads to a living room at the front, where a bay window adds dimension and light. The dining area at the rear includes a wood-burning stove and has retained its charming quarry tiled floor, complemented by a practical understairs cupboard for additional storage. The layout continues with a kitchen, a ground-floor shower room, and access to an outdoor rear yard – ideal for those looking to create outdoor living space. The first floor houses two generously sized double bedrooms, while the second floor offers an additional bedroom that can be tailored to meet various needs—be it a guest room, home office, or more. Externally, the property benefits from a manageable front forecourt as well as the rear yard, both of which can be developed into appealing outdoor areas. Although the interior requires substantial updating, it retains several attractive period elements that hint at its original character and charm. Located just off Hull Road, this property is strategically positioned near an array of local amenities and provides excellent transport links into York city centre. Its proximity to York University makes it an attractive option for students or faculty members seeking convenient housing options. This combination of features underscores the property's strong potential for transformation into a desirable family home or investment opportunity.

Investment Analysis

(YO10 area)

Below Market Value

This property is priced -46.2% below area average per sq ft

-46.2%
Potential saving
This Property
£189/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£22,000 - £55,000
10-25% of property value
Target Value
£449,482
10% above area average per sq ft
Potential ROI
+63.4%
After renovation
Monthly Sales
21
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (YO10)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 6.4%
5 year growth: 26.0%
Investment Disclaimer: Analysis based on YO10 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

Nicholas Street, York YO10
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