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Formby Close, Cottingham HU16

Yorkshire

£150,000
Listed on 12/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
562 sqft

Description

This semi-detached true bungalow, located in a tranquil cul-de-sac off Inglemire Lane in Cottingham, presents an enticing opportunity for those looking to invest or renovate. Nestled on a corner plot, the property boasts a south-facing garden that promises abundant sunlight and potential outdoor enjoyment. The interior features an entrance porch leading to a central hallway that connects to a spacious lounge, a fitted kitchen, two bedrooms, and a bathroom. While the home is well-maintained, it offers ample scope for cosmetic updates, allowing you to tailor the space to your personal taste and style. This makes it an excellent candidate for buyers interested in creating their ideal living environment or looking to enhance its value through renovation. Beyond the home's immediate offerings, the property includes driveway parking and a detached garage, factors that enhance its practicality and appeal. The location itself is another significant advantage; being close to Cottingham’s amenities means you'll have easy access to shops, services, and public transport links while still enjoying the peace of suburban living. The potential of this bungalow is clear—by investing some time into modernizing the interiors and outdoor spaces, one could significantly increase its market value. Whether you're considering downsizing or seeking a quiet place to call home while adding your own updates, this property checks many boxes. An abundance of natural light fills the rooms thanks to its open aspect, further enhancing its charm. Viewing this bungalow is highly recommended for anyone interested in exploring its renovation possibilities and appreciating its advantageous location in Cottingham.

Investment Analysis

(HU16 area)

Above Market Value

This property is priced +12.2% above area average per sq ft

+12.2%
This Property
£267/sq ft
Area Average
£238/sq ft

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Target Value
£147,039
10% above area average per sq ft
Potential ROI
-21.6%
After renovation
Monthly Sales
21
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (HU16)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 6.3%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on HU16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Formby Close, Cottingham HU16
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