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Formby Close, Cottingham, HU16 4QW - Image 1
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Formby Close, Cottingham, HU16 4QW

Yorkshire

£150,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
562 sqft

Description

Nestled in a tranquil cul-de-sac just off Inglemire Lane in Cottingham, this semi-detached true bungalow presents an attractive opportunity for renovation or investment. The property is located on a corner plot and boasts a south-facing garden, allowing for ample natural light and outdoor enjoyment. The interior features an entrance porch that leads into a central hallway, connecting to a spacious lounge, practical fitted kitchen, two bedrooms, and a bathroom. While the home has been well-maintained, it would benefit from some cosmetic updates, making it an ideal blank canvas for buyers looking to personalize their space. With thoughtful renovations, this property could be transformed into a contemporary haven. Outside, the convenience of driveway parking and a detached garage adds further appeal to the layout. The peaceful setting offers easy access to Cottingham's local amenities and transport links, ensuring that daily necessities are within reach while enjoying the serenity of the area. This bungalow's promising potential makes it suitable for various buyers—whether you're considering downsizing or seeking an investment project with room for value addition. With its well-proportioned rooms and bright interiors due to its open aspect, this property warrants viewing to fully appreciate both its current state and the possibilities that lie ahead. The property is offered as freehold, with council tax payable to East Riding of Yorkshire Council under Band C. Please note that certain fixtures may be available by separate negotiation. Interested parties are encouraged to arrange viewings through appointment only.

Investment Analysis

(HU16 area)

Above Market Value

This property is priced +10.3% above area average per sq ft

+10.3%
This Property
£267/sq ft
Area Average
£242/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£149,604
10% above area average per sq ft
Potential ROI
-9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (HU16)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 4.3%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on HU16 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

Formby Close, Cottingham, HU16 4QW
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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
£549
Based on a loan of £112,500 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