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Reynoldson Street, Hull HU5

Yorkshire

£60,000
Listed on 15/12/2025

Property Details

Bedrooms
2
Type
Terraced House
Area
538 sqft

Description

This two-bedroom terrace home, situated just off the bustling Newland Avenue in Hull, presents a promising opportunity for renovation enthusiasts and investors. The property is conveniently located near a diverse array of cafés, bars, restaurants, and independent shops, making it an attractive option for both landlords and first-time buyers looking for a well-priced home in a high-demand area. While the property requires some modernisation to reach its full potential, it is competitively priced to reflect the work needed. Once refurbished, similar properties in the vicinity have shown strong rental yields around £650–£700 PCM. This vacant possession home comes with no chain involved, making it perfect for those eager to take on a project. With a layout that includes a lounge, dining kitchen, two bedrooms, and a bathroom, this house stands ready for transformation into a desirable rental or personal residence in one of Hull's most active neighbourhoods.

Investment Analysis

(HU5 area)

Below Market Value

This property is priced -29.4% below area average per sq ft

-29.4%
Potential saving
This Property
£112/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£196
Avg Yield
7.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£93,504
10% above area average per sq ft
Potential ROI
+16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
64%
Properties sold annually

Local Market Trend (HU5)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +3.2%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on HU5 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

Reynoldson Street, Hull HU5
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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
£216
Based on a loan of £45,000 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.

Price History

-14.3% since listed
£60,000£10,000(-14.3%)
27/03/2026
Current price
£70,000Initial listing
15/12/2025

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