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Hermes Close, Hull

Yorkshire

£70,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
759 sqft

Description

This two-bedroom residence on Hermes Close presents an excellent opportunity for those looking to invest in a property with significant renovation potential. Featuring expansive front and rear gardens, the home is set back from the road, providing a quiet and appealing environment. The well-sized double bedrooms and adaptable layout make it suitable for first-time buyers or small families, while its strong rental appeal provides further investment possibilities. The interior offers ample natural light, creating a welcoming atmosphere that awaits modernization. The sizeable private garden at the rear provides a canvas for outdoor improvements, whether creating a patio area or contemplating an extension (subject to local planning permissions). This property invites creative vision to transform it into a desirable home.

Investment Analysis

(HU9 area)

Below Market Value

This property is priced -33.0% below area average per sq ft

-33.0%
Potential saving
This Property
£92/sq ft
Area Average
£138/sq ft
Avg Rent (weekly)
£165
Avg Yield
6.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£114,924
10% above area average per sq ft
Potential ROI
+4.5%
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
20%
Properties sold annually

Local Market Trend (HU9)

Area prices are rising by +3.6% over the last 12 months
3 year growth: -0.2%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on HU9 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

Hermes Close, Hull
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£248
Based on a loan of £52,500 over 30 years at 3.91% 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.

Price History

-22.2% since listed
£70,000£20,000(-22.2%)
07/04/2026
Current price
£90,000Initial listing
28/03/2026

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