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Woodbine Villas Reynoldson Street, Hull, HU5 - Image 8

Woodbine Villas Reynoldson Street, Hull, HU5

Yorkshire

£70,000
Listed on 16/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
527 sqft

Description

Nestled in a popular area just off Newland Avenue, this two-bedroom terrace home promises a compelling opportunity for renovation enthusiasts and savvy investors alike. With a vibrant local scene featuring numerous cafés, bars, shops, and accessible transport links, this property is perfectly positioned in one of Hull's most sought-after locales for rental demand and first-time buyers. The home is attractively priced to account for necessary updates and modernization, making it an excellent project for those looking to enhance its value significantly. Comparable properties in the vicinity often achieve rental rates between £650 and £700 per month post-refurbishment, underscoring its potential as a solid investment. The interior includes a lounge, a dining kitchen, two bedrooms, and a bathroom, providing ample scope for improvement. With no chain in place and available for immediate possession, this property represents an ideal canvas for those seeking to create their vision in a thriving community.

Investment Analysis

(HU5 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£133/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£196
Avg Yield
7.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£91,593
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
64%
Properties sold annually

Local Market Trend (HU5)

Area prices are falling by -2.7% over the last 12 months
3 year growth: +3.2%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on HU5 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

Woodbine Villas Reynoldson Street, Hull, HU5
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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
£252
Based on a loan of £52,500 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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