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Mersey Street, Hull, HU8 8SF

Yorkshire

£70,000

Listed on 07/10/2025

Property details

Bedrooms
2
Type
Terraced House
Area
785 sqft

Description

This traditional end town house offers a unique opportunity for renovation enthusiasts or investors looking to capitalize on its potential. Located just a short distance from the conveniences of Holderness Road, this property requires a comprehensive refurbishment to bring it up to modern standards. It features a hallway leading into a through lounge/diner, a kitchen that awaits fitting, and a bathroom conveniently located on the ground floor. The first floor houses two spacious double bedrooms, providing ample living space. The home benefits from gas central heating and uPVC double glazing, offering a solid starting point for renovations. Outside, an enclosed rear yard adds outdoor potential. This property is perfect for buyers willing to invest in a transformation, making it suitable for both buy-to-let ventures and first-time buyers with sufficient funds.

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Investment analysis

(HU8 area)

Below Market Value

This property is priced -43.6% below area average per sq ft

-43.6%
Potential saving
This Property
£89/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£136,476
10% above area average per sq ft
Potential ROI
+24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (HU8)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +4.8%
5 year growth: +7.5%
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

Mersey Street, Hull, HU8 8SF
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,500 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-17.6% since listed
£70,000£3,000(-4.1%)
24/06/2026
Current price
£73,000£6,950(-8.7%)
06/06/2026
£79,950£5,050(-5.9%)
13/05/2026
£85,000Initial listing
07/10/2025

Next Steps

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