Caroline Street, Hull, HU2
PU

Caroline Street, Hull, HU2

By Purplebricks

£ 290,000

Reviews

2 out of 5 stars

Purplebricks says ..

SUBJECT TO PLANNING OFFERS INVITED Formerly three properties, this site has now been cleared and has the added benefit of an additional parcel of land that the owner has acquired to the rear making it a perfect site for re-development. The owner advises they have had a positive conversation wit...

Property Oracle says ..

This property is a plot of land in central Hull, listed for £290,000. The site is currently vacant, overgrown, and requires extensive preparation before any development can commence. Its central location is advantageous, with proximity to schools (including those with outstanding and good Ofsted ratings), transport links (including Hull Train Station), and the city centre. However, the immediate surroundings appear somewhat unremarkable. The significant cost and risk associated with redevelopment must be considered against the potential value of the land after development. The absence of specific plot size in square footage and a lack of directly comparable sales data make it difficult to definitively assess its value compared to other plots. A full professional survey and planning permission investigations would be essential before committing to purchase. Therefore, this represents a significant investment with inherent risks and high preparation costs, with a significant reward potential dependent on planning permission.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
3
Location
7
Land
4
Bedrooms
0
Bathrooms
1
Sqft (est)
1,759.90

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
487,124.00 £
Increased by 94.35 %
from 250,641.00 £
Est sale value
1,084,098.40 £
Increased by 112.41 %
from 510,371.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
1,759.90 £/mo
Unchanged by 0.00 %
from 1,759.90 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Ron Dearing UtcUniversity Technical CollegeOutstanding0.12 KM
Hull Trinity House AcademyAcademy ConverterGood0.27 KM
Tlg HullOther Independent School0.57 KM
Hull CollegeFurther EducationRequires improvement0.60 KM
Clifton Children'S CentreChildren's Centre Linked Site0.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Worship Street £ 000.00 KM
Sylvester Square £ 217,50000.00 KM
Charles Street £ 000.00 KM
Little Reed Street £ 000.00 KM
Cannon Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hull8126HUL1.11 KM
New Holland6209NHL5.84 KM
Goxhill6206GOX8.05 KM
Barrow Haven6212BAV8.45 KM
Cottingham8056CGM8.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Caroline Street, Hull, HU2 £ 290,000BUY5 / 100.00 KM
Clowes Buildings, New George Street, Hull, East Riding of Yorkshire, HU2 8AU £ 60,000BUY5 / 100.12 KM
Theatre Mews, Egginton Street, Hull £ 925,000BUYUnknown0.14 KM
Sykes Street, Hull £ 75,000BUY5 / 100.21 KM
7 Jarratt Street £ 220,000BUYUnknown0.21 KM

Nearby Properties

AddressPriceDistance
8 Caroline Place £ 86,5000.13 KM
7 Caroline Place £ 125,0000.13 KM
3 Caroline Place £ 80,0000.15 KM
38 New George Street £ 45,0000.18 KM
34 New George Street £ 65,0000.18 KM