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Ryecroft Close, York, North Yorkshire YO31 - Image 1
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Ryecroft Close, York, North Yorkshire YO31

Yorkshire

£220,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
538 sqft

Description

This two-bedroom semi-detached bungalow is tucked away in a quiet cul-de-sac, located just 1.9 miles from the historic city walls of York. While the property currently requires updating, it presents a prime opportunity for renovation, especially given its no-forward chain status. Upon entry, you’ll find a welcoming lobby featuring a practical cloaks cupboard and easy access to the kitchen via the side entrance from the driveway. The lounge and dining area boasts an attractive oriel bay window coupled with a charming stone fireplace, providing a delightful focal point. The kitchen has ample wall and base units but would benefit from modernisation and appliances placement adjustment. Both bedrooms overlook the garden, providing serene views, while the bathroom/WC also benefits from natural light through its side window. Gas central heating and double glazing are currently in place, although these systems may require assessment for efficiency improvements. The outdoor spaces include a low-maintenance gravel front garden and an off-street parking driveway leading to a garage alongside another gravelled area at the rear. This bungalow's potential for enhancement is significant, making it an appealing project for investors or homeowners looking to create their ideal living space.

Investment Analysis

(YO31 area)

Above Market Value

This property is priced +16.3% above area average per sq ft

+16.3%
This Property
£409/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£208,018
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (YO31)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +3.8%
5 year growth: +15.2%
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

Ryecroft Close, York, North Yorkshire YO31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£779
Based on a loan of £165,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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