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Mill Lane, Beverley

Yorkshire

£159,950
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
954 sqft

Description

This two-bedroom terraced home on Mill Lane in Beverley presents a compelling opportunity for first-time buyers or investors looking to add value through renovation. While the property is currently liveable, it would benefit from modernisation and personal touches to transform it into a contemporary living space. The layout includes a traditional bay-fronted lounge diner that invites natural light, alongside two well-proportioned bedrooms and a utility area, which opens up versatile usage possibilities. With potential for a loft conversion (subject to necessary permissions), there is an exciting chance to enhance living space significantly. Externally, the rear garden is not only private but also comes with two outhouses that could be repurposed into workshops or additional storage. The garden features concrete pads ready for a garden office or studio installation—ideal for those working from home. Located conveniently near Beverley’s vibrant town centre with access to local amenities and transport links, this property offers both charm and investment potential in one of East Yorkshire’s desirable areas. This home is perfect for those eager to leave their mark while enjoying the benefits of a great location.

Investment Analysis

(HU17 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£168/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£276,937
10% above area average per sq ft
Potential ROI
+49.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HU17)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -2.6%
5 year growth: +2.1%
Investment Disclaimer: Analysis based on HU17 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

Mill Lane, Beverley
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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
£567
Based on a loan of £119,962 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.

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