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Melwood Grove, York YO26 3 bed semi
Melwood Grove, York YO26
£275,000
Melwood Grove, York YO26
£275,000
Our Summary
- We are excited to bring to market this exceptional 3 bed semi-detached property, located within a sought after location in York*8 Melwood Grove, York YO26 5RF previously sold for £325,000 in 2025, 4, Millgates, York, YO26 6AT previously sold for £385,000 in 2024 *The property would benefit from a degree of redecoration
- Sure to appeal shrewd investors looking for an excellent investment opportunity or home owners looking for a property they can put their own stamp on
- For rental purposes, once modernised the property could potentially achieve £1400 - £1500 per month (£16,800 - £18,000 p/a) which could provide a great gross yield if achieved for the guide price
- The property has potential to be used as a Holiday let / Airbnb property, subject to gaining necessary licensing and permissions
- PROPERTY BEING OFFERED AT FANTASTIC PRICE TO ENSURE AUCTION SALEPrime Opportunity for Property investors & homeowners looking for a property in an excellent location
- Property would benefit from a degree of renovation
- Sure to appeal to those looking for Rare auction property
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- The property would benefit from a degree of redecoration
- Sure to appeal shrewd investors looking for an excellent investment opportunity or home owners looking for a property they can put their own
Description
This exceptional 3-bedroom semi-detached property in York is being offered at a fantastic price to ensure an auction sale. The property, located on Melwood Grove, would benefit from a degree of redecoration and has potential for renovation. With a prime location near local amenities, schools, and public transport, it's an excellent investment opportunity or home for a family looking for a spacious property. The property could potentially achieve £1400-£1500 per month in rental income, providing a great gross yield. Additionally, the local area has shown strong demand recently, with comparable properties selling for upwards of £325,000. The property also has potential to be used as a holiday let or Airbnb property, subject to necessary licensing and permissions. With its excellent location, capital growth potential, and easy lettable property, this is a rare auction property that's sure to appeal to investors and homeowners alike.