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North View, Weel, Beverley

Yorkshire

£115,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
757 sqft

Description

This two-bedroom terraced home, complete with an additional loft room, is situated in the tranquil hamlet of Weel. Its location offers scenic views of open fields to the rear and includes the added convenience of a private parking space at the front. The property is being sold with no onward chain, presenting a unique opportunity for those interested in renovation or investment. In need of comprehensive refurbishment and modernization, this home provides a blank canvas for buyers eager to make significant improvements. Whether you are an investor seeking a project with high potential returns or a homeowner wanting to customize their living space from the ground up, this property has considerable promise. Inside, the layout features two reception rooms with original brick fireplaces that could be restored to enhance character. The kitchen area is spacious and equipped with dual aspect windows, allowing for plenty of natural light. However, it requires updates to fully realize its potential. The bedrooms offer opportunities for reconfiguration or expansion into more functional spaces. Notably, there is damage in one bedroom due to water ingress, which highlights the need for a detailed renovation plan but also suggests potential for value increase post-renovation. Additionally, the loft room presents further possibilities; while currently accessible via a fixed wooden ladder, its transformation into usable space could significantly enhance the property's appeal. The exterior provides practical advantages as well, particularly with its proximity to open green spaces and local amenities being just a short drive away across the River Hull. This property’s strategic location and expansive potential make it an ideal choice for anyone looking to invest in real estate or embark on a meaningful renovation journey.

Investment Analysis

(HU17 area)

Below Market Value

This property is priced -41.9% below area average per sq ft

-41.9%
Potential saving
This Property
£152/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£217,834
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HU17)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.9%
5 year growth: 7.2%
Investment Disclaimer: Analysis based on HU17 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

North View, Weel, Beverley
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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
£421
Based on a loan of £86,250 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