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Cameron Grove, York YO23

Yorkshire

£500,000
Listed on 18/09/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1367 sqft

Description

This spacious four-bedroom mid-terraced house presents a significant opportunity for renovation, offering an ideal canvas for those looking to invest in a property with potential. Spread across three levels, the home showcases generous living areas and retains elements of period charm that could be beautifully enhanced through modernization. Upon entering, you will find a welcoming entrance hallway that leads to a variety of living spaces. The front reception room is adorned with original features such as a fireplace and sash windows, providing a warm ambiance. Adjacent to this, the dining room offers ample space for gatherings and also features another charming fireplace. The kitchen, while functional, presents opportunities for updates and expansion with its good range of base units and plumbing provisions. The property includes additional reception space at the rear, along with a convenient shower room on the ground floor. As you ascend to the first floor, two well-proportioned bedrooms await, complemented by another shower room. A second staircase leads to two more bedrooms on the top floor, including one with Velux windows that fill the space with natural light. Externally, the fully enclosed courtyard offers private outdoor space that can be transformed into a charming garden or patio area. This property holds substantial investment potential due to its desirable location within a thriving residential neighborhood. It is conveniently situated near Bishopthorpe Road's shops and cafes, reputable schools, and is just a short distance from York city center and the railway station. While some updating is needed throughout, this house has been priced to reflect the renovation potential it holds. With no onward chain attached, it’s an attractive prospect for buyers eager to create their ideal home or investors seeking strong future returns.

Investment Analysis

(YO23 area)

Below Market Value

This property is priced -5.6% below area average per sq ft

-5.6%
Potential saving
This Property
£366/sq ft
Area Average
£387/sq ft
Avg Rent (weekly)
£346
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£582,609
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Monthly Sales
22
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (YO23)

Area prices are falling by +5.1% over the last 12 months
3 year growth: -4.9%
5 year growth: 12.9%
Investment Disclaimer: Analysis based on YO23 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

Cameron Grove, York YO23
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