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Mirfield Grove, Hull

Yorkshire

£100,000
Listed on 29/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
775 sqft

Description

This two-bedroom semi-detached property offers a compelling opportunity for both first-time buyers and investors looking to capitalize on its renovation potential. Set on a generously sized plot in a desirable neighborhood, the home features a practical layout that includes two comfortable bedrooms, a bright living area, and a kitchen that provides views of the expansive outdoor space. While the interior is functional, it presents several areas for modernization, allowing new owners to tailor the space to their preferences. The large garden offers ample room for outdoor activities or could serve as a foundation for an extension or other development projects (subject to necessary planning approvals). A brick-built outhouse adds extra utility space, enhancing the property's overall appeal. Convenience is another standout feature of this home. It is located near various local amenities, schools, and transport links, making it an attractive option for families and professionals alike. With no onward chain, this property allows for a smoother purchasing process. In summary, this semi-detached home not only provides a comfortable living environment but also serves as a promising investment opportunity with its renovation potential and prime location. Early viewings are encouraged to fully appreciate what this property has to offer.

Investment Analysis

(HU9 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£129/sq ft
Area Average
£134/sq ft
Avg Rent (weekly)
£163
Avg Yield
7.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£114,363
10% above area average per sq ft
Potential ROI
+4.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (HU9)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.9%
5 year growth: 21.2%
Investment Disclaimer: Analysis based on HU9 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

Mirfield Grove, Hull
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £75,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE