30, Tamar Grove, HULL, East Yorkshire, HU8 9SJ

Description

An excellent opportunity for cash buyers, investors and developers to acquire this spacious three-bedroom end-terrace property, offering generous accommodation over three floor levels. A useful loft space provides additional accommodation potential, although buyers should note that it has not been completed to Building Regulations standards. Externally, the property benefits from off-street parking and a private enclosed rear garden. Situated within a popular residential location, the property is conveniently placed for local schools, shops, amenities and transport links, offering strong appeal for future tenants and homeowners. This represents an excellent investment opportunity with scope to add value after a programme of modernisation. The property is understood to be of non-standard construction. As this is a cash purchase, prospective buyers should satisfy themselves as to the suitability of the construction type and undertake their own due diligence.

Accommodation

Ground Floor: Entrance Hall, Lounge and Kitchen. First Floor: Landing, Three Bedrooms and Bathroom. Second Floor: Attic Room. External: Off-road Parking and Rear Garden.

Location

Situated within a popular residential location, conveniently placed for local schools, shops, amenities and transport links.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Tamar Grove range from £55,000 to £84,600, including £70,000 for 9 Tamar Grove in August 2025. The £85,000 guide is above the latest supplied same-road sale and near the upper end of the historic evidence. Differences in condition, construction and accommodation are not evidenced, so a precise market value cannot be established. An evidence-based scenario range is £55,000–£84,600, with £70,000 used as the base GDV reference from the latest supplied comparable.

Investment Snapshot

Strategy Recommendation

Do not rely on the £85,000 guide without a structural/construction review, legal review and detailed refurbishment quotation. Proceed only if the purchase price is materially below the supported comparable evidence and cash funding is available.

Works Required

Modernisation is indicated by the description, but no detailed schedule or condition report is supplied. Obtain specialist advice on the non-standard construction, investigate the uncompleted attic accommodation and its Building Regulations position, and confirm the heating system before pricing works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the base GDV reference of £70,000, a 75% refinance would be approximately £52,500. Total project cost cannot be calculated because refurbishment costs, purchase price and any applicable seller fees are not established. The non-standard construction may also affect mortgageability and refinance availability.

Buy-to-Let Analysis

A BTL yield cannot be established reliably. The supplied rental listings are advertised asking rents from Bilton HU11 and Skirlaugh HU11, rather than evidence for this property or immediate locality. Vacant possession and off-street parking may support letting appeal, but achievable rent remains unverified.

Flip Analysis

A flip surplus cannot be calculated because no supported refurbishment budget, acquisition price or selling allowance is available. The guide of £85,000 already exceeds the latest supplied same-road sale at £70,000 and is close to the highest supplied historic comparable at £84,600, leaving limited evidenced headroom before works and selling costs.

Investor Risks & Due Diligence

• The property is stated to be of non-standard construction and is explicitly a cash purchase, creating potential lending and resale constraints.

• The attic room has not been completed to Building Regulations standards; its usable accommodation status and any required works are unconfirmed.

• The guide price of £85,000 exceeds the latest supplied same-road comparable at £70,000.

• No detailed condition report or refurbishment budget is supplied.

• Achievable rent is unsupported by a directly comparable local listing; the supplied listings are from other HU11 areas.

• Heating details are unknown.

• The seller may charge additional completion fees under the special conditions, but the amount is not supplied.

Recommendation

Do not rely on the £85,000 guide without a structural/construction review, legal review and detailed refurbishment quotation. Proceed only if the purchase price is materially below the supported comparable evidence and cash funding is available.

Strategy Rating

Analysis Confidence

There are several same-road completed sales and clear tenure/occupancy information, but condition, construction implications, refurbishment cost, achievable rent, heating and potentially applicable seller fees are not sufficiently evidenced.