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50 Savile Street, Hull - Image 1

50 Savile Street, Hull

Yorkshire

£150,000
Listed on 28/04/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This property is positioned on Savile Street, offering a strategic location in Hull's city centre, close to King Edward Street and Queen Victoria Square, surrounded by various independent businesses. The building is a traditional three-storey mid-terrace structure featuring a pitched slate roof and an aluminium shop front with a recessed entrance. The ground floor features a well-shaped sales area with laminate flooring and suspended ceilings equipped with integrated lighting. Notably, the separate entrance to the upper floors provides considerable potential for conversion into residential accommodation, specifically a two-bedroom apartment, which is supported by existing planning consent. However, the upper levels will require comprehensive refurbishment to realize this potential. This property not only benefits from its central location but also offers significant scope for investment through residential development in a sought-after area.

Investment Analysis

(HU1 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£172
Avg Yield
7.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (HU1)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -20.6%
5 year growth: +29.5%
Investment Disclaimer: Analysis based on HU1 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

50 Savile Street, 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
£531
Based on a loan of £112,500 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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