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Lomond Road, Hull

Yorkshire

£115,000
Listed on 17/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
870 sqft

Description

This mid-terrace home presents a valuable opportunity for renovation, allowing new owners to tailor the living space to their personal style. The front of the property features a gravel forecourt leading up to the entrance, setting a quaint tone. Inside, you'll find a welcoming hallway that opens into a spacious bay-fronted lounge complete with a gas fire, offering an inviting atmosphere that could benefit from modern updates. The kitchen/dining area is functional but could be refreshed or redesigned to create an open-plan layout, enhancing its appeal. On the first floor, two generous double bedrooms provide ample space for storage solutions and decor enhancements. The bathroom, while basic with its three-piece suite, holds potential for reconfiguration or modernization. Access to the loft room via a pull-down ladder adds versatility—it can be transformed into additional living space or kept as storage. The rear garden primarily consists of lawn and includes a patio area that would benefit from landscaping touches. Additionally, there’s access to a garage via a rear gate, providing further amenity or potential rental income. Overall, this property retains traditional features while offering significant scope for improvement—ideal for investors or those looking to create their dream home in Yorkshire.

Investment Analysis

(HU5 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£132/sq ft
Area Average
£157/sq ft
Avg Rent (weekly)
£184
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£150,010
10% above area average per sq ft
Potential ROI
+7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
64%
Properties sold annually

Local Market Trend (HU5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +4.3%
5 year growth: +15.4%
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

Lomond Road, Hull
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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
£415
Based on a loan of £86,250 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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