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Nordham, North Cave,

Yorkshire

£229,950
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a unique opportunity for those looking to invest in a renovation project within the picturesque conservation area of Nordham. While the structure has seen better days and requires significant repair, it retains the essence of its original charm and is ripe for redevelopment. With three bedrooms, the existing layout offers a foundation from which to create a modern family residence. The property's positioning at the front of the plot maximizes its potential, while an outbuilding located at the rear could be transformed into an annex or dedicated office space—ideal for those seeking additional living or working areas. The surrounding neighborhood enhances its appeal, combining a tranquil atmosphere with convenient access to local amenities. This location not only lends itself well to family living but also positions the property favorably within the market for future investment returns. A site visit is highly encouraged to fully grasp the scope and possibilities this property holds. Please note that viewings are strictly by appointment and must be accompanied by an agent. The property falls under East Riding of Yorkshire Council tax band E, and it is being sold freehold. Currently, mains water and electricity services are available on site. Additionally, there are rights associated with access to shared areas, allowing for practical use and development considerations moving forward.

Investment Analysis

(HU15 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (HU15)

Area prices are falling by +4.4% over the last 12 months
3 year growth: 1.2%
5 year growth: 19.6%
Investment Disclaimer: Analysis based on HU15 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

Nordham, North Cave,
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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
£842
Based on a loan of £172,462 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