2 Bed Flat, Single Let, Hull, HU6 8QQ, £79,995

67 Hainsworth Park, Hull, HU6 8QQ - a year ago

Sold STC
Leasehold
BTL
ROI: 10%
~78 m²
+3 photos

ValuationUndervalued

Sold Prices£41K - £135K
Sold Prices/m²£985/m² - £2.3K/m²

 

 

Square Metres

~77.77 m²
Price/m²£1K/m²

Value Estimate

£98,394
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,999

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,199

 

 

Cash Out

 

Rent Range

£525 - £925

Rent Estimate

£600

Running Costs/mo

£390

Cashflow/mo

£210

Cashflow/yr

£2,520

ROI

10%

Gross Yield

9%

Local Sold Prices

35 sold prices from £41K to £135K, average is £93K. £985/m² to £2.3K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£85K06/220 mi69, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ2
£80K07/210.01 mi61, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ2
£80K07/210.05 mi61, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ2
£90K10/220.89 mi11, St Marys Mount, Cottingham, East Riding Of Yorkshire HU16 4LQ2
£118K04/220.92 miFlat 23, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB2
£125K08/230.94 miFlat 10, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB2
£125K08/230.94 miFlat 10, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB2
£135K06/210.94 miFlat 14, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB2
£132.5K10/220.94 miFlat 5, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB2
£115.5K06/220.94 miFlat 26, Shardeloes Court, Newgate Street, Cottingham, East Riding Of Yorkshire HU16 4EB2
£93K03/231.14 mi52, King Street, Cottingham, East Riding Of Yorkshire HU16 5QE2
£120K06/211.14 mi64, King Street, Cottingham, East Riding Of Yorkshire HU16 5QE2
£108K11/211.16 mi26, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ2
£120K09/221.16 mi18, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ2
£85K05/211.16 mi18, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ2
£65K03/211.16 mi16, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ2
£110K11/211.16 mi28, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ2
£120K06/221.16 mi12, Elm Tree Court, Cottingham, East Riding Of Yorkshire HU16 5PZ2
£125K12/221.19 mi26, Finkle Street, Cottingham, East Riding Of Yorkshire HU16 4AZ2
£115K11/221.34 mi12, Madeira Court, Hull, City Of Kingston Upon Hull HU5 4BS2
£107.5K03/211.34 mi10, Madeira Court, Hull, City Of Kingston Upon Hull HU5 4BS2
£71.3K04/221.36 mi32, Lowdale Close, Hull, City Of Kingston Upon Hull HU5 5DS2
£73.5K10/221.37 mi50, Dayton Road, Hull, City Of Kingston Upon Hull HU5 5TF2
£73K05/221.37 mi55, Winteringham Walk, Cottingham, East Riding Of Yorkshire HU16 5HL2
£98K10/221.4 mi6, Lea Crescent, Cottingham, East Riding Of Yorkshire HU16 5BX2
£92K10/221.4 mi5, Lea Crescent, Cottingham, East Riding Of Yorkshire HU16 5BX2
£81K07/221.42 mi20, Gullane Drive, Hull, City Of Kingston Upon Hull HU6 7XQ2
£56K02/211.42 mi13, Gullane Drive, Hull, Humberside HU6 7XQ2
£57K05/221.42 mi8, Gullane Drive, Hull, City Of Kingston Upon Hull HU6 7XQ2
£75K10/221.5 mi17, Bermondsey Drive, Hull, City Of Kingston Upon Hull HU5 5EH2
£62K07/211.5 mi11, Bermondsey Drive, Hull, City Of Kingston Upon Hull HU5 5EH2
£127K07/221.62 mi2, Chelsea Court, Cottingham, East Riding Of Yorkshire HU16 5DU2
£70K10/201.85 mi345, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD2
£115K10/221.93 mi19, Linn Park, Kingswood, Hull, City Of Kingston Upon Hull HU7 3GD2
£41K03/221.94 mi27, Cave Street, Hull, City Of Kingston Upon Hull HU5 2TZ2

Local Rents

19 rents from £525/mo to £925/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£60005/240 miHainsworth Park, Hull, HU62
£77004/240.11 mi-2
£75001/250.11 mi-2
£60504/240.56 mi-2
£64903/250.77 mi-2
£92504/240.9 miApartment 5, 36 Newland Park2
£59503/250.93 mi-2
£79504/240.94 miHartoft Rd, Hull, HU5 4LB2
£77502/241.06 mi-2
£77512/241.06 mi-2
£80006/241.07 mi-2
£89005/241.16 miDane Park, Hull, HU62
£91505/241.16 miDane Park, Hull, HU62
£83504/241.17 miDane Park, Hull, HU62
£83505/241.17 miDane Park, Hull, HU62
£85004/241.18 miDane Park, Hull, HU62
£67512/241.22 mi-2
£52504/241.22 mi-2
£80011/241.24 mi-2

Local Area Statistics

Population in HU6

33,515

Population in Hull

313,622

Town centre distance

1.46 miles away

Nearest school

0.30 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £79,995

November 2, 2023

Floor Plans

Description

  • Two bedroom apartment +
  • Located on the first floor +
  • En-suite to the master bedroom +
  • Communal gardens +
  • Designated parking +
  • Can be sold with tenant in situ yield of 9.% +

This two-bedroom first floor flat is situated in a quiet cul-de-sac setting, located in a popular residential location of the well-connected Hall Road which boasts close proximity to the Hull University and local amenities / leisure facilities including shops, takeaways and playing fields.

The building is accessed via a communal entrance with an entry phone system, and leads to the flat itself which comprises entrance hall with fitted storage cupboard, spacious open plan lounge / fitted kitchen, two good bedrooms (the master fitted with an en-suite) and a bathroom suite furnished with a three piece suite. Externally, the complex sits on well maintained grounds with communal gardens and parking.

The accommodation on offer is an ideal investment opportunity currently let at £600pcm.

Early viewing is advised to avoid disappointment.

Accommodation Comprises -

Communal Entrance - Entry phone system.

Hallway - Storage cupboard.

Open Plan Lounge / Kitchen - 6.71m x 4.42m (22'0 x 14'6) -

Lounge Area - UPVC double glazed doors, two radiators and solid oak timber flooring.

Kitchen Area - UPVC double glazed window, a range of base, wall and drawer units with work tops above and splash back tiles. Integrated oven and hob with extractor over, sink unit with mixer tap and space and plumbing for an automatic washing machine.

Bedroom One - 3.30m x 1.91m (10'10 x 6'3) - UPVC double glazed window and radiator.

En-Suite - 2.26m x 0.84m (7'5 x 2'9) - Walk in mixer shower, pedestal wash basin with mixer tap, low flush WC, radiator and partly tiled.

Bedroom Two - 3.25m x 2.49m (10'8 x 8'2) - UPVC double glazed window and radiator.

Bathroom - 2.31m x 1.78m (7'7 x 5'10) - Panelled bath with mixer tap over, pedestal sink unit, low flush WC, laminate flooring, partly tiled and radiator.

Externally - Externally, the complex sits on well maintained grounds with communal gardens and parking.

Tenure - The tenure is leasehold.

Council Tax Band - Council Tax Band B.

Additional Products And Services - Whitakers Estate Agents offer additional services via third parties: surveying, financial services, investment insurance, conveyancing and other services associated with the sale and purchase of your property.

We are legally obliged to advise a vendor of any additional services a buyer has applied to use in connection with their purchase. We will do so in our memorandum of sale when the sale is instructed to both parties solicitors, the vendor and the buyer.

Disclaimer - Services, fittings & equipment referred to in these sale particulars have not been tested ( unless otherwise stated ) and no warranty can be given as to their condition. Please note that all measurements are approximate and for general guidance purposes only.

Other Services - Whitakers Estate Agents offer additional services via third parties: surveying, financial services, investment insurance, conveyancing and other services associated with the sale and purchase of your property.

We are legally obliged to advise a vendor of any additional services a buyer has applied to use in connection with their purchase. We will do so in our memorandum of sale when the sale is instructed to both parties solicitors, the vendor and the buyer.

Sales Valuations - We offer a free sales valuation service, as an Independent company we have a strong interest in making sure you achieve a quick sale. If you need advice on any aspect of buying or selling please do not hesitate to ask.

Agent Details

Whitakers, Hull West

01482 251706

Next Steps?

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