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Gleneagles Park, Hull

Yorkshire

£25,000
Listed on 21/10/2025

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom property presents a compelling opportunity for renovation and investment, ideal for those looking to add value through updates and improvements. The unit is situated within a communal building, offering the potential for a comfortable living space with some enhancement. Upon entering, you'll find a communal entrance that leads to a private hallway. The spacious lounge features laminate flooring and a front-facing UPVC window, providing ample natural light. The adjoining kitchen includes essential components such as wall and base units, though it would benefit from modernizing to fully realize its potential. The generous bedroom also enjoys a front-facing window and is equipped with warm air heating. The bathroom, while functional with its walk-in shower, WC, and hand wash basin, is another area that offers possibilities for updating. Each of these spaces can be reimagined to reflect contemporary styles and preferences. Externally, the property is surrounded by paved communal gardens that provide a pleasant outdoor area, secured by perimeter fencing. The appeal of this property is enhanced by its leasehold status; the new owner will hold a 125-year lease commencing in December 2008. Situated in an area with low flood risk and access to various mobile networks, this property also benefits from convenient transport links and local amenities nearby. With council tax band A classification, ongoing costs remain manageable. Overall, this one-bedroom flat serves as an attractive proposition for investors or first-time buyers willing to engage in renovations to create their ideal home or rental opportunity.

Investment Analysis

(HU8 area)
Area Average
£158/sq ft
Avg Rent (weekly)
£153
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (HU8)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 6.5%
5 year growth: 17.7%
Investment Disclaimer: Analysis based on HU8 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

Gleneagles Park, Hull
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£92
Based on a loan of £18,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE