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Yorkshire
£40,000
Listed on 13/09/2026
Listed on 13/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This two-bedroom flat in Hull presents a modest opportunity for those looking to invest in a renovation project. The asking price of £40,000 stands out as competitive compared to the local average of £121,935, making it an attractive entry point in a market where properties typically command higher prices. While the property is in need of modernisation, with general wear and tear evident throughout, this offers a canvas for prospective buyers to create a space tailored to their tastes.
The flat's location near local amenities and transport links adds further appeal, making it a practical choice for buyers seeking convenience. The renovation range of £40,000 to £80,000 suggests a light to typical project scale, allowing for flexibility in how extensive the updates can be. Overall, this listing holds potential for value addition through thoughtful improvements, especially given the reasonable entry price in relation to the local market.
None recorded.
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Map
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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