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Alma Street, WITHERNSEA

Yorkshire

£75,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
840 sqft

Description

This three-bedroom property presents a prime opportunity for renovation and investment, located conveniently near local schools and the town center. Offered without onward chain and with vacant possession, it is ready for a new owner to undertake some updates and improvements. The home has a solid layout beginning with an open-plan lounge diner on the ground floor that boasts dual-aspect windows, allowing natural light to fill the space. This area features an exposed brick fireplace, adding character and potential for customization. The adjacent galley-style kitchen provides access to a fully enclosed walled yard, ideal for outdoor use once enhanced or landscaped according to personal preferences. A practical bathroom completes the ground floor configuration. Upstairs, the first floor accommodates three generously sized bedrooms, making it suitable for families or investors looking to attract tenants seeking ample living space. Each bedroom offers flexibility in design and layout, allowing for potential redesigns that align with modern trends. As this property has previously been utilized as a long-term rental, it will appeal not only to first-time buyers eager to invest in a home they can personalize but also to landlords seeking to expand their portfolios with a property that promises good rental yields after renovation. On-street parking is available nearby, and essential amenities including gas heating and mains drainage are already in place. With fibre broadband accessible in the area, this location meets contemporary connectivity needs. Overall, while this home requires some tender loving care, its attractive price point combined with its advantageous location offers substantial potential for those looking to create value or secure an affordable residence tailored to their taste.

Investment Analysis

(HU19 area)

Below Market Value

This property is priced -41.3% below area average per sq ft

-41.3%
Potential saving
This Property
£89/sq ft
Area Average
£152/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£140,633
10% above area average per sq ft
Potential ROI
+27.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HU19)

Area prices are rising by +14.3% over the last 12 months
3 year growth: 9.8%
5 year growth: 34.9%
Investment Disclaimer: Analysis based on HU19 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

Alma Street, WITHERNSEA
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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
£275
Based on a loan of £56,250 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