Carter Jonas says ..

Property Oracle says ..

This property in York presents a unique opportunity, but also presents significant challenges. Currently configured as a former youth centre, it’s listed at £225,000 and boasts a substantial 1,955 square feet of space. The building’s exterior shows a solid brick structure and the interior, while needing complete modernisation, demonstrates that the space is substantial. The property is conveniently located near York city centre and the railway station, offering easy access to amenities and transportation. Proximity to several well-regarded schools could also be appealing to families. However, the lack of a garden and the overall state of disrepair requiring extensive renovation will limit potential buyers. The images show a space that’s clearly ready for a renovation project. Potential buyers should factor in significant costs for modernisation and any necessary planning permissions. The property is more suitable for buyers who are comfortable taking on a large renovation project or for investors with a vision for redevelopment or conversion, perhaps into multiple dwellings, although the planning permission would need to be taken into account. The absence of detailed information regarding the property’s structural integrity and potential issues also increases the risk for potential buyers. Overall, careful consideration is necessary before any purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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