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40 Wilbert Lane, Beverley

Yorkshire

£175,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1036 sqft

Description

This mid-terraced home offers a solid foundation for renovation, featuring three bedrooms and two reception areas including a lounge and family room. The property boasts a spacious kitchen diner with fitted units and a wet room, presenting an opportunity for modern updates. Situated conveniently near the town centre, residents will benefit from easy access to various shops, cafes, and public transport links, making it appealing for future tenants or homeowners alike. While the property has been well-maintained by its previous owners over the years, it is in need of general modernization which can significantly enhance its value. The rear garden is primarily concrete with a small lawn area, allowing for low maintenance but also hints at potential landscaping improvements. Investors or homebuyers looking to add value through refurbishment will find this property to be a worthwhile prospect.

Investment Analysis

(HU17 area)

Below Market Value

This property is priced -35.4% below area average per sq ft

-35.4%
Potential saving
This Property
£169/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£298,119
10% above area average per sq ft
Potential ROI
+49.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

40 Wilbert Lane, 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
£641
Based on a loan of £131,250 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