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Eddlethorpe, Hull HU8

Yorkshire

£50,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
751 sqft

Description

This two-bedroom terraced home in Hull's HU8 area presents a promising investment opportunity for buyers interested in renovation projects. While the property is structurally sound and features gas central heating along with double glazing, it is in need of updates to fully harness its potential. The spacious open-plan living and dining area welcomes natural light and offers a versatile space for entertaining or relaxing, leading into a practical kitchen that could benefit from modernisation. The ground floor includes a functional bathroom fitted with a three-piece suite, which also calls for contemporary upgrades. Upstairs, both bedrooms are generously sized, with the principal bedroom ideal for larger furnishings and the second room adaptable for guests or as a home office. Externally, a low-maintenance courtyard garden provides an outdoor space that’s perfect for leisure without added upkeep. This property not only stands out due to its solid foundation in a sought-after location but also offers significant scope for capital appreciation through refurbishment, making it an excellent choice for investors aiming to achieve strong rental yields.

Investment Analysis

(HU8 area)

Below Market Value

This property is priced -55.9% below area average per sq ft

-55.9%
Potential saving
This Property
£67/sq ft
Area Average
£151/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£124,576
10% above area average per sq ft
Potential ROI
+66.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (HU8)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +3.4%
5 year growth: +14.8%
Investment Disclaimer: Analysis based on HU8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Eddlethorpe, Hull HU8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£180
Based on a loan of £37,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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