Symonds & Greenham says ..

Property Oracle says ..

This two-bedroom end-terraced house in Hull’s city centre presents a mixed-bag investment opportunity. Its central location is a definite advantage, offering easy access to local amenities, Hull Royal Infirmary, and Hull University. Proximity to the train station also enhances its appeal as rental property or for commuters. However, the property’s condition requires significant attention. The interior is dated and requires modernisation throughout, with the bathroom appearing particularly in need of repair or replacement. The small rear yard offers minimal outdoor space. While the asking price of £70,000 appears to align somewhat with similar properties on Farringdon Street, the necessity of substantial renovation works makes it crucial for prospective buyers to obtain a thorough survey and factor these costs into their purchase decision. Further research into the tenant situation, if applicable, and rental yields will be essential for assessing its investment potential fully. Overall, this property presents a potential investment or starter home for individuals comfortable undertaking renovations, but it is not a move-in-ready option.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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