3-bedroom bungalow · HU10 6HS
For saleReduced £15k (−5.2%) on 10 SepListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £290,000 - £300,000 plus Reservation Fee Occupying a prime position on the highly regarded Well Lane, this spacious three-bedroom detached bungalow presents a rare opportunity to acquire a property in one of the area's most sought-after residential locations.
Enjoying open aspect views to the front and a delightful south-facing rear garden, this bungalow offers generous accommodation throughout and provides the perfect opportunity for purchasers looking to modernise and create a superb home tailored to their own tastes and requirements.
The accommodation briefly comprises a welcoming entrance hall leading to a spacious lounge overlooking the front aspect, a fitted kitchen, conservatory, three well-proportioned bedrooms, a shower room and a separate WC.
The well-balanced layout offers excellent flexibility for a range of buyers, including those looking to downsize whilst retaining generous living space.
The property has also had a new boiler installed in May 2025.
Externally, the property enjoys attractive gardens, with the rear benefiting from a sunny southerly aspect, ideal for relaxing or entertaining.
A side driveway provides ample off-street parking and leads to an extended tandem garage, further enhancing the practicality of this desirable home.
Situated in a highly desirable location, the property is conveniently placed for a wide range of local amenities, transport links and countryside walks, making it an excellent choice for those seeking peaceful surroundings without compromising on convenience.
Key Features: Prime Well Lane location with open aspect views to the front Detached three-bedroom bungalow Requires modernisation throughout Spacious lounge and fitted kitchen Conservatory overlooking the rear garden South-facing rear garden Side driveway and extended tandem garage No chain involved with vacant possession Reservation Fee Applicable – T&c's Apply Book Your Viewing Today!
Fees, Exclusivity & Disclaimer Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% of the purchase price (minimum £2,500 + VAT).
This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.
Refund Policy: The Reservation Fee may be refunded only in specific circumstances, such as: The seller withdrawing from the sale A chain collapsing beyond the Buyer's control Significant structural issues confirmed by a qualified structural survey For full details of refund eligibility, please contact our office.
Exclusivity: Upon payment of the Reservation Fee, rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts.
During this time, the property is reserved exclusively for the Buyer.
Buying Process: Register your interest Prepare your finances Arrange a viewing Make an offer Secure the sale via our secure system Exchange and complete Important Information & Disclaimer: A Ready Sale Pack containing detailed property information is available.
Buyers are advised to review this pack and undertake their own due diligence before committing to purchase. Buyers must verify their id and provide proof of funds as part of our compliance process.
rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.
Stamp Duty (sdlt): Not all property purchases are subject to sdlt. Liability depends on factors such as purchase price and buyers' position.
Buyers should seek advice from a solicitor or tax adviser to confirm whether sdlt applies to their purchase and how much they would have to pay.
rezee's Approach: Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.
If you'd like, I can also make this description slightly more premium in tone to better suit a high-value bungalow on Well Lane.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 128, Well Lane, Hull
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