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5 Somerscales Street, Hull HU2 9PA

Yorkshire

£100,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1015 sqft

Description

This mid-terrace property in Hull presents a promising opportunity for investors and renovators. Previously configured as a licensed five-bedroom HMO, the three-bedroom layout now offers significant potential for refurbishment. While currently vacant and in need of upgrades, this house is ideally positioned near local amenities, transport routes, parks, and schools, enhancing its attractiveness for future rental or resale. Its versatile nature allows for various uses, making it a sound investment choice with plenty of scope for improvement.

Investment Analysis

(HU2 area)

Below Market Value

This property is priced -16.2% below area average per sq ft

-16.2%
Potential saving
This Property
£99/sq ft
Area Average
£118/sq ft
Avg Rent (weekly)
£175
Avg Yield
9.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£131,300
10% above area average per sq ft
Potential ROI
-6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HU2)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -5.1%
5 year growth: +18.1%
Investment Disclaimer: Analysis based on HU2 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

5 Somerscales Street, Hull HU2 9PA
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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
£354
Based on a loan of £75,000 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.

Stamp Duty Calculator

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