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Market Place, South Cave HU15 - Image 1
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Market Place, South Cave HU15

Yorkshire

£425,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2530 sqft

Description

Discover the unique investment potential of 'Old Rawdale Farm', a historic property dating back to around 1780, situated in the desirable village of South Cave. This characterful residence features two bedrooms and versatile living space including two reception rooms that flank an inviting entrance hall. The original charm is still evident throughout, but there is considerable scope to modernize and enhance the layout, allowing for a more contemporary living experience. In addition to the farmhouse, the adjoining commercial premises at 22a Market Place brings further possibilities for transformation. Previously functioning as a hair salon, this space includes a rear workshop used for soft furnishings. Depending on local planning permissions, this could be reimagined as part of the main residence or serve as an ideal setup for a home-based business, enhancing both functionality and value. The property boasts ample outdoor spaces including a large driveway with parking for multiple vehicles, alongside a private raised garden offering a peaceful retreat. This setting not only presents a rare opportunity to develop into a bespoke family home but also allows for commercial integration in one of Yorkshire's most sought-after locales. Viewing is highly recommended to appreciate its historical charm and vast potential.

Investment Analysis

(HU15 area)

Below Market Value

This property is priced -31.6% below area average per sq ft

-31.6%
Potential saving
This Property
£168/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£280
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£683,505
10% above area average per sq ft
Potential ROI
+32.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (HU15)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 3.9%
5 year growth: 21.3%
Investment Disclaimer: Analysis based on HU15 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

Market Place, South Cave HU15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE