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Market Place, South Cave,

Yorkshire

£425,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2530 sqft

Description

This distinctive property, known as 'Old Rawdale Farm', presents a unique residential and commercial investment opportunity in the popular village of South Cave. Dating back to approximately 1780, this period home is rich in character and offers significant potential for renovation and expansion. The main house includes two bedrooms and two reception rooms, providing a solid foundation for modernising the layout to enhance its functionality for contemporary living. A breakfast kitchen and downstairs bathroom are currently in place, but there is ample scope for reconfiguration or extension to create additional living space. Adjoined to the residential section is a commercial unit, previously operating as a hair salon, along with a rear workshop used for soft furnishings. This flexible space can be transformed to better serve either business needs or merged with the main accommodation, subject to relevant permissions. This offers exciting possibilities for those looking to run a home-based business or expand their family home. The property also boasts generous outdoor space with a driveway accommodating several vehicles, a garage, and a lovely raised garden area perfect for creating an outdoor retreat. This property is ideally positioned in a central location that lends itself well to both private use and potential rental income due to its mixed-use nature. Given its charm and versatility, this property provides an excellent canvas for those seeking to create something truly special in a desirable area. Early viewings are encouraged to fully appreciate its character and investment potential.

Investment Analysis

(HU15 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£168/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£260
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£688,375
10% above area average per sq ft
Potential ROI
+41.9%
After renovation
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
81%
Properties sold annually

Local Market Trend (HU15)

Area prices are falling by -4.6% over the last 12 months
3 year growth: +1.4%
5 year growth: +17.7%
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

Market Place, South Cave,
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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