There wouldn't be much in Hull at £100k that would appeal to many first time buyers who aren't qualified joiners,plumbers,roofers or sparks? You get what you pay for and what you save on the cost of the actual bricks and mortar,you'll splash out on making the home presentable and dry.
My cousin and his lass are up off Prinny Ave in a 4 bed Victorian terrace,probably valued about £150k,nice houses if you can get them but even they're looking to move on to somewhere a bit 'nicer' as in their opinion the area is in a bit of a decline.I was talking to his lass last time I was down and the properties they've been looking at are in the £220-£240k region?
Same with me to be fair,we're in a 4 bed terraced ex council house (£150k worth) in a reasonably decent area of Cumbernauld and were thinking about downsizing.Our house is well maintained(,I do most of it myself bar plumbing and electrics) but when I look at smaller properties in the £100-£110k range I look at the cost of refurbishment and quickly realise that £25-£30k of my profit will quickly vanish.