Fairfax Avenue, Hull

This three-bedroom terraced house presents a solid opportunity for those looking to invest in a property that requires a complete refurbishment. The asking price of £150,000 is quite reasonable when compared to the local average of £161/sqf, making it a competitive entry point for potential buyers. However, with an all-in estimated cost of £210,000, including renovation, this investment looks stretched against the local benchmarks for similar properties, which could limit profitability.

The property boasts a spacious open-plan living/dining area and three well-sized bedrooms, but it does show signs of general wear and dated decor throughout. The kitchen, while functional, is relatively basic and in need of modernisation, as is the bathroom. The garden is in poor condition, which could be an area for significant improvement. Despite these challenges, the home’s good location and potential for value enhancement make it an appealing project for first-time buyers or investors willing to put in the work.