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Mons Street, Hull

Yorkshire

£90,000
Listed on 29/08/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
893 sqft

Description

This three-bedroom mid-terrace home presents a promising opportunity for those looking to invest in a property with significant renovation potential. While the house is in need of modernization, its solid structure provides a blank canvas for creating a comfortable family residence or an attractive rental investment. Upon entering, you’ll find an enclosed porch that leads into an entrance hall featuring tiled flooring and an electric radiator. The ground floor comprises a spacious lounge with a fire surround, a separate dining room with storage options, and a kitchen equipped with base and wall-mounted units along with essential appliances. The layout flows seamlessly from the main living areas to the lobby area that offers access to the rear courtyard and shower room. The first floor consists of three bedrooms, each benefiting from ample natural light via uPVC double glazed windows. One of the larger bedrooms includes practical built-in storage, while the other two rooms provide flexibility for use as children's rooms, guest spaces, or home offices. A well-proportioned bathroom completes this level, featuring tiling and essential fixtures. Outside, the property features a forecourt at the front and a rear courtyard that offers additional storage space through two concrete-built stores. The enclosed outdoor areas are primed for landscaping or development, allowing for further enhancements according to personal taste or rental appeal. Conveniently located just off Chanterlands Avenue, this home benefits from easy access to local amenities including shops, public transport links, bars, and restaurants. Additionally, it’s within close proximity to Hull city centre, making it an appealing choice for both homeowners and renters alike. This property’s combination of location and renovation potential makes it an interesting prospect for buyers looking to add value through thoughtful updates or creative restructuring. With some investment in modernisation works, this house could transform into a valuable asset within a desirable community setting.

Investment Analysis

(HU5 area)

Below Market Value

This property is priced -35.4% below area average per sq ft

-35.4%
Potential saving
This Property
£101/sq ft
Area Average
£156/sq ft
Avg Rent (weekly)
£164
Avg Yield
6.4%

Renovation Potential

Est. Renovation Cost
£9,000 - £22,500
10-25% of property value
Target Value
£153,288
10% above area average per sq ft
Potential ROI
+36.3%
After renovation
Monthly Sales
46
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (HU5)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 9.4%
5 year growth: 17.1%
Investment Disclaimer: Analysis based on HU5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mons Street, Hull
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