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Northgate, Cottingham HU16

Yorkshire

£299,950

Listed on 04/07/2026

Property details

Bedrooms
N/A
Type
Land

Description

This property presents a compelling development opportunity located near the heart of Cottingham village, complete with planning permission. Originally a grand private residence from the 18th century, Needler Hall has a rich history and was used as university accommodation during the 20th century. The current plans allow for the transformation of this historic building into eight spacious apartments: four large one-bedroom units on the ground floor and four two-bedroom duplex apartments on the upper floors. Additionally, there is permission to construct a four-bedroom detached family home within the grounds, alongside designated parking for up to 15 vehicles. With its prime location and potential to retain its period charm while offering modern living spaces, this site is ideal for developers looking to capitalize on its investment potential. The planning references (16/00075/stplf & 22/02672/stvar) should be reviewed for further details on development requirements, including an associated financial contribution of approximately £30,000 outlined in a Section 106 agreement that will need to be factored into your total costs.

Investment analysis

(HU16 area)
Area Average
£243/sq ft
Avg Rent (weekly)
£165
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (HU16)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +5.0%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on HU16 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

Northgate, Cottingham HU16
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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
£1,133
Based on a loan of £224,962 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

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

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