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
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Metrics Year-on-Year
- Average area value
- 487,124.00 £Increased by 94.35 %
- Est sale value
- 1,084,098.40 £Increased by 112.41 %
- Average area rental value
- 1,220.00 £/moIncreased by 6.46 %
- Est letting value
- 1,759.90 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.01 %Decreased by 45.17 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ron Dearing Utc | University Technical College | Outstanding | 0.12 KM |
| Hull Trinity House Academy | Academy Converter | Good | 0.27 KM |
| Tlg Hull | Other Independent School | 0.57 KM | |
| Hull College | Further Education | Requires improvement | 0.60 KM |
| Clifton Children'S Centre | Children's Centre Linked Site | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Worship Street | £ 0 | 0 | 0.00 KM |
| Sylvester Square | £ 217,500 | 0 | 0.00 KM |
| Charles Street | £ 0 | 0 | 0.00 KM |
| Little Reed Street | £ 0 | 0 | 0.00 KM |
| Cannon Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hull | 8126 | HUL | 1.11 KM |
| New Holland | 6209 | NHL | 5.84 KM |
| Goxhill | 6206 | GOX | 8.05 KM |
| Barrow Haven | 6212 | BAV | 8.45 KM |
| Cottingham | 8056 | CGM | 8.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Caroline Street, Hull, HU2 | £ 290,000 | BUY | 5 / 10 | 0.00 KM |
| Clowes Buildings, New George Street, Hull, East Riding of Yorkshire, HU2 8AU | £ 60,000 | BUY | 5 / 10 | 0.12 KM |
| Theatre Mews, Egginton Street, Hull | £ 925,000 | BUY | Unknown | 0.14 KM |
| Sykes Street, Hull | £ 75,000 | BUY | 5 / 10 | 0.21 KM |
| 7 Jarratt Street | £ 220,000 | BUY | Unknown | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Caroline Place | £ 86,500 | 0.13 KM |
| 7 Caroline Place | £ 125,000 | 0.13 KM |
| 3 Caroline Place | £ 80,000 | 0.15 KM |
| 38 New George Street | £ 45,000 | 0.18 KM |
| 34 New George Street | £ 65,000 | 0.18 KM |