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Forest Way, York YO31

Yorkshire

£395,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1145 sqft

Description

This semi-detached home in the highly sought-after Heworth area of York presents an excellent investment opportunity. With two spacious reception rooms and three generously-sized bedrooms, this property offers ample space for a family. It features a manageable garden that allows for creativity and potential landscaping improvements, as well as off-street parking and a single garage. The property is equipped with a recently installed combination boiler and double glazing throughout, enhancing energy efficiency. The interior boasts a welcoming hallway leading to a bright sitting room, complete with an attractive bay window and fireplace. The rear reception/dining room, also featuring a bay window and stripped pine flooring, provides access to a kitchen that includes storage options like a walk-in pantry. Notably, there is additional storage to the side that could be repurposed to create an open-plan kitchen or breakfast area, maximizing the living space. Upstairs, you’ll find two sizable double bedrooms along with a smaller double bedroom; all benefit from characterful fireplaces. A house bathroom and separate WC serve this level. The garden at the back offers space for various outdoor arrangements—awaiting your vision for improvement. With potential for updating and extension subject to planning consent, this property stands ready to be transformed into a remarkable family residence. Its location just off Stockton Lane ensures easy access not only to York city centre but also to surrounding areas via the outer ring road.

Investment Analysis

(YO31 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£345/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
£442,714
10% above area average per sq ft
Potential ROI
+1.8%
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

Forest Way, York 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
£1,399
Based on a loan of £296,250 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.

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