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3 bedrooms house for sale in York, United Kingdom
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3 bedrooms house for sale in York, United Kingdom

£420 000

Rowley Court‚ York‚ YO32

Features

  • Offered with no onward chain
  • Detached bungalow
  • Three bedrooms
  • Beautiful private rear garden
  • Village location
  • Garage

Property description

Dear Investor, First, I must say that you've provided a vivid and appealing description of the property that we could only imagine as we read along. The language you've used paints a picture of a lovely home, that not only seems to meet your needs but is also inviting, cozy, and most importantly, a great place to give your family comfort and a sense of belonging. Now, let's dive into the issues that would be essential as an investor and lifestyle purchaser. At first glance, the price point of £420,000 seems to be aligned with other properties in the neighborhood and affordable for potential buyers, which could be a reflection that it is priced to sell in a reasonable timeframe. As for the location, York is a city with good prospects, with a strong economy, growth potential, and has several attractive features, such as beautiful historical sites, entertainment, and leisure activities for any type of consumer. Moving on to the property, the front lounge with its gas-served features would certainly be a comfortable space for the family to gather or for the buyer to create a tranquil ambiance for events or guests. Knowing that the property is laid out in a way that suits your kind of lifestyle would be very pleasing, as lifestyle is key when acquiring a new residence. However, as an investor, it's important that beyond the emotional attachment which the property might evoke, you analyze the place bearing a critical eye. Look at the neighborhood – are there high rates of crime? Are there any nearby industrial areas that may cause disturbances or health issues related to air or noise pollution? Really, a detailed study of the property would be advised – are there any potential changes you can make for a quick flip to make a profit, or will you be charging a premium due to the desirable location? In terms of return on investment, the only way to accurately measure this would be by either getting a professional valuation or comparing similar properties that have sold in the neighborhood and how they've appreciated over time. Don't forget to consider ongoing costs such as property tax, maintenance, and potentially any necessary repairs or upgrades that the property might require in the near future. Finally, although the description of the property does appear to be charming and having your desired 'warm and cozy' feel, as an investor, you must not let your emotions cloud your judgment. Analysis is key when it comes to investing. I would attempt to gather as much data as possible, including speaking to locals in the area, to get a grasp of the demand and supply in the location, as this could impact your decision to buy or not buy. All the best with your property purchase, and remember – happy investing!

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Date added: 24.07.2024

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