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Fern Grove, Folkestone Street, Hull, HU5 1BN - Image 8

Fern Grove, Folkestone Street, Hull, HU5 1BN

Yorkshire

£65,000

Listed on 23/06/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
694 sqft

Description

This end-terrace two-bedroom house presents an excellent opportunity for renovation, ideal for investors or homeowners eager to add value through cosmetic updates. The property requires modernization across all areas, featuring an entrance hallway, a living room, a kitchen, a bathroom, and two bedrooms on the first floor. Externally, it offers front and rear courtyards, providing outdoor space in a community-oriented setting. The home is equipped with gas central heating and double glazing throughout, suggesting a solid structure to build upon. Located in the sought-after HU5 area of Hull, residents will benefit from close proximity to local shops, schools, and efficient bus routes into the city centre and other key locations such as the University of Hull. This manageable project is perfect for those looking to make their mark in a well-connected neighbourhood.

Investment Analysis

(HU5 area)

Below Market Value

This property is priced -41.3% below area average per sq ft

-41.3%
Potential saving
This Property
£94/sq ft
Area Average
£160/sq ft
Avg Rent (weekly)
£174
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£121,839
10% above area average per sq ft
Potential ROI
+35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (HU5)

Area prices are falling by -4.1% over the last 12 months
3 year growth: +1.1%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on HU5 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

Fern Grove, Folkestone Street, Hull, HU5 1BN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£246
Based on a loan of £48,750 over 30 years at 4.45% 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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