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Market Place, South Cave,

Yorkshire

£425,000
Listed on 25/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2530 sqft

Description

This historic property, 'Old Rawdale Farm', presents a distinctive opportunity for those looking to invest in both residential and commercial real estate within the desirable village of South Cave. Dating back to around 1780, the main residence is imbued with character and offers significant potential for modernisation. Currently configured with two bedrooms, two reception areas, and a quaint kitchen alongside a downstairs bathroom, there exists ample scope to extend or redesign the interiors to better suit contemporary lifestyles. In addition to the farmhouse, the adjoining commercial space at 22a Market Place—previously established as a hair salon—offers impressive road frontage and versatility for use as either an additional living area or a business venture. With appropriate permissions, this could be seamlessly integrated into the home, enhancing its functionality. The property also boasts generous external features including a driveway with ample parking, garage space, and a private elevated garden that serves as a charming outdoor escape. This setting allows for creativity in transforming it into a unique living environment in a prime location. An early viewing is recommended to fully appreciate the character and investment possibilities this property has to offer.

Investment Analysis

(HU15 area)

Below Market Value

This property is priced -31.6% below area average per sq ft

-31.6%
Potential saving
This Property
£168/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£280
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£683,505
10% above area average per sq ft
Potential ROI
+32.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HU15)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 3.9%
5 year growth: 21.3%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 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