Ashtons Estate Agents says ..

Property Oracle says ..

This 5-bedroom, 2-bathroom property situated on Derwent Road in York’s Fishergate area presents a compelling opportunity for a buyer seeking a substantial home within a desirable location, but one that requires renovation. The property benefits from its close proximity to York city centre, excellent schooling, and convenient transport links. The external appearance of the property is appealing, suggesting a sturdy structure, characteristic of the era. However, the interior requires comprehensive modernisation. The kitchen displays aged cabinetry, the bathrooms show their age, and many rooms reveal signs of wear and tear or require updating to walls, floors, and fixtures. The garden, while present, is average in size. Overall, the property offers a significant amount of living space and a great location, though significant investment in renovation is to be expected. The list price of £700,000 should be assessed in light of both the property’s condition and the need for extensive renovation, alongside its excellent location and size. The property would be suited to buyers willing and able to undertake a renovation project, who value the area’s convenience and established reputation. Ultimately, the decision on value will depend on the individual buyer’s assessment of renovation costs and the area’s desirability.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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