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About This Property

Discover what makes this home special

Oakwood is a charming and modern one-bedroom house located in the desirable Russet Park development in York. Perfectly suited for first-time buyers or professionals, this property offers a well-designed layout with two bathrooms, including a shower room and a ground floor WC, enhancing convenience and comfort. The open-plan kitchen and dining area seamlessly connects to the lounge, creating a bright and inviting living space.

Situated in the YO23 3TH postcode, Oakwood benefits from a peaceful residential environment with easy access to York's city centre. The rear garden faces north-west, providing pleasant afternoon and evening sunlight, ideal for relaxing or entertaining. This property combines practical living with a great location, making it an excellent investment or starter home opportunity.

Property Features

This Oakwood home features a spacious open-plan kitchen and dining area with modern fittings, a comfortable lounge with multiple windows for natural light, and a handy utility room. The property includes two bathrooms: a ground floor WC and an upstairs shower room adjacent to the bedroom. Ample storage is provided through built-in cupboards and wardrobes. The north-west facing rear garden offers a private outdoor space perfect for evening relaxation. Overall, the layout maximises space and functionality for comfortable living.

1 Bedroom2 BathroomsOpen-plan Kitchen/DiningLoungeUtility RoomGround Floor WC+3

Local Amenities

The property is well positioned close to York city centre, offering excellent access to a wide range of amenities including York Railway Station, which provides direct links to London and other major cities. Nearby York Hospital and York St John University add to the area's appeal for professionals and students alike. Shopping needs are met by Tesco Superstore and the popular York Designer Outlet, while Clifton Green Park offers green space for leisure and recreation. Several reputable primary schools are within easy reach, making this location suitable for families and individuals.

York Railway StationYork HospitalYork St John UniversityTesco SuperstoreClifton Green ParkYork City Centre+2
York Railway Station Train Station (2.5 miles, 10 mins drive) • 25 mins to Leeds

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£256,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£256,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Proximity to York and Leeds
Strong rental market
Energy-efficient design

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£256,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
7.2%
Based on £1,530/mo rent
Area Price Growth
+4.5%
Average annual increase
5-Year Value Forecast
£319,023
+£63,023 projected gain
5-Year Rent Forecast
£1,953/mo
Based on 5.0% annual growth
Price per Sq Ft£366
Annual Rent Income£18,360
10-Year ROI287%
Break-Even Point10 yrs

Property Value Projection

Based on 4.5% annual growth
£319,023
5yr
£397,560
10yr
£495,432
15yr
£617,399
20yr
£769,391
25yr
Current: £256,000

Monthly Rental Income

Based on 5.0% annual growth
£1,953
5yr
£2,492
10yr
£3,181
15yr
£4,060
20yr
£5,181
25yr
Current: £1,530/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Leeds
25 mins
35 mins
London Kings Cross
1h 50m
3h 15m

Sun Path & Natural LightAI generated - Estimated

NESW
North-West-Facing Moderate
6h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Low
Afternoon Moderate
Evening Good
Kitchen/Dining
Morning Moderate
Afternoon Good
Evening Low
Bedroom
Morning Low
Afternoon Moderate
Evening Good

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
York Central Regeneration
1.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£256,000
SoldNB0000005576
View Location Analytics

Oakwood

York, York YO23 3TH
Russet Park
1
Bedrooms
2
Bathrooms
700
Est. Sq ft
house
Type

Developer

Barratt Homes
Available Plot Numbers
30
1 plot(s) available
Ownershipfreehold

Request Information

£256,000Oakwood

Enquire About This Property

Oakwood
Oakwood York£256,000

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