3 Bed Terraced House, Refurb/BRRR, Hull, HU9 4SW, £97,000

Anson Road, HU9 4SW - a year ago

Refurb/BRRR
ROI: 4%
~89 m²
+12 photos

ValuationFair Value

Sold Prices£84K - £290K
Sold Prices/m²£906/m² - £2.4K/m²

 

 

Square Metres

~88.98 m²
Price/m²£1.1K/m²

Value Estimate

£97,000

 

 

End Value (After Refurb)

£123,936

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,250

Stamp Duty & Legal Fees

£6,050

Refurb Costs

£35,592

Bridging Loan Interest

£2,546

Total Cash In

£70,188

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£123,936

Mortgage (After Refinance)

£92,952

Mortgage LTV

75%

Cash Released

£20,202

Cash Left In

£49,986

Equity

£30,984

Rent Range

£500 - £950

Rent Estimate

£786

Running Costs/mo

£565

Cashflow/mo

£221

Cashflow/yr

£2,658

ROI

4%

Gross Yield

10%

Local Sold Prices

50 sold prices from £84K to £290K, average is £130K. £906/m² to £2.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£121K04/210.17 mi165, Anson Road, Hull, City Of Kingston Upon Hull HU9 4SP3
£132K03/230.17 mi201, Anson Road, Hull, City Of Kingston Upon Hull HU9 4SP3
£95K06/210.2 mi30, Barham Road, Hull, City Of Kingston Upon Hull HU9 4TY3
£245K03/230.24 mi704, Marfleet Lane, Hull, City Of Kingston Upon Hull HU9 4TL3
£102.5K02/210.24 mi736, Marfleet Lane, Hull, City Of Kingston Upon Hull HU9 4TL3
£135K06/210.28 mi14, Winchester Avenue, Hull, City Of Kingston Upon Hull HU9 4TS3
£130K05/210.28 mi57, Winchester Close, Hull, City Of Kingston Upon Hull HU9 4TT3
£130K10/200.28 mi49, Winchester Close, Hull, City Of Kingston Upon Hull HU9 4TT3
£138K11/200.28 mi14, Winchester Close, Hull, City Of Kingston Upon Hull HU9 4TT3
£172K03/220.28 mi6, Charnock Avenue, Hull, City Of Kingston Upon Hull HU9 4AE3
£120K11/210.29 mi33, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SU3
£182.5K06/210.31 mi926, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AB3
£195K03/230.31 mi964, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AB3
£194K02/230.35 mi1, Grantley Grove, Hull, City Of Kingston Upon Hull HU9 4RU3
£190K11/200.36 mi3, Ardmore Close, Hull, City Of Kingston Upon Hull HU9 4AD3
£110K11/210.38 mi13, Bessingby Grove, Hull, City Of Kingston Upon Hull HU9 5UG3
£94K06/230.41 mi28, Rutherglen Drive, Hull, City Of Kingston Upon Hull HU9 3PE3
£184K05/210.41 mi7, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DS3
£84K02/210.41 mi60, Kilnsea Grove, Hull, City Of Kingston Upon Hull HU9 3QP3
£120K05/210.43 mi243, Holmgarth Drive, Hull, City Of Kingston Upon Hull HU8 9DZ3
£97.5K07/230.44 mi14, Staines Close, Hull, City Of Kingston Upon Hull HU8 9DH3
£115K12/210.44 mi60, Griffin Road, Hull, City Of Kingston Upon Hull HU9 4TB3
£115K02/210.47 mi116, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UN3
£173K09/210.48 mi36, Ellesmere Avenue, Hull, City Of Kingston Upon Hull HU8 9BT3
£188K08/210.49 mi815, Holderness Road, Hull, City Of Kingston Upon Hull HU8 9AY3
£211K05/210.49 mi31a, Ellesmere Avenue, Hull, City Of Kingston Upon Hull HU8 9BS3
£190K07/210.49 mi7, Ellesmere Avenue, Hull, City Of Kingston Upon Hull HU8 9BS3
£120K11/200.49 mi141, Tilworth Road, Hull, Humberside HU8 9BP3
£170K02/220.49 mi1, Willows Avenue, Hull, City Of Kingston Upon Hull HU9 3JN3
£169K04/210.5 mi1034, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AH3
£290K03/230.5 mi1066, Holderness Road, Hull, City Of Kingston Upon Hull HU9 4AH3
£100K02/230.5 mi175, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DL3
£221K10/210.52 mi64, Waldegrave Avenue, Hull, City Of Kingston Upon Hull HU8 9BD3
£210K09/210.52 mi18, Waldegrave Avenue, Hull, City Of Kingston Upon Hull HU8 9BD3
£157K12/210.52 mi34, The Broadway, Hull, City Of Kingston Upon Hull HU9 3JJ3
£87K11/200.53 mi97, Milne Road, Hull, City Of Kingston Upon Hull HU9 4UL3
£84K05/210.53 mi5, Dorking Close, Hull, City Of Kingston Upon Hull HU8 9DG3
£205K12/220.53 mi57, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DT3
£177K12/200.53 mi39, Bellfield Avenue, Hull, City Of Kingston Upon Hull HU8 9DT3
£95.1K07/210.53 mi188, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£120K06/230.53 mi176, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£100K06/210.53 mi163, Parthian Road, Hull, City Of Kingston Upon Hull HU9 4SZ3
£125K02/230.53 mi23, Eastmount Avenue, Hull, City Of Kingston Upon Hull HU8 9EN3
£95K02/230.55 mi244, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4DJ3
£105K04/210.55 mi7, Danthorpe Grove, Hull, City Of Kingston Upon Hull HU9 3RA3
£110K11/200.55 mi107, Kilnsea Grove, Hull, City Of Kingston Upon Hull HU9 3RB3
£145K03/230.56 mi50, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4JD3
£121K10/210.57 mi84, Portobello Street, Hull, City Of Kingston Upon Hull HU9 3JF3
£95K12/200.57 mi22, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4HN3
£173.5K02/230.58 mi766, Holderness Road, Hull, City Of Kingston Upon Hull HU9 3JR3

Local Rents

52 rents from £500/mo to £950/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£95004/240.25 mi-3
£95004/240.26 miTanfield Grove, Hull3
£70005/240.34 miKilnsea Grove, Hull, HU93
£77503/250.42 mi-3
£89501/250.51 mi-3
£69501/240.52 mi-3
£59505/240.57 miAberdeen Street, Hull, East Riding of Yorkshire, HU93
£89506/240.61 miBellfield Avenue HU8 3
£89504/240.61 miPortobello Street, Hull3
£65006/240.62 mi-3
£65006/240.62 mi-3
£92505/240.64 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£92505/240.64 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£92505/240.64 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£92505/240.64 miWansford Grove, Hull, East Riding Of Yorkshire, HU93
£90002/240.65 mi-3
£50002/250.65 mi-3
£86505/240.67 miCranswick Grove, Dream, Hull, East Riding Of Yorkshire, HU93
£80510/240.69 mi-3
£85005/240.71 mi-3
£95004/240.73 mi-3
£95004/240.73 mi-3
£95005/240.73 mi-3
£95005/240.73 mi-3
£85001/250.73 mi-3
£72504/240.82 miStanhope Avenue, Holderness Road, Hull, East Yorkshire, HU93
£62505/240.82 miThaxted Close, Hull, HU83
£80005/240.85 miCollege Grove, HULL3
£67505/240.87 miDuddon Grove, Hull, East Yorkshire, HU83
£79512/240.87 miDuddon Grove, HULL3
£69505/240.88 miBoulton Grove, Hull, HU93
£69506/240.88 mi-3
£75004/240.89 miWaveney Road, Hull, HU83
£75005/240.9 miEcclesfield Avenue, Hull, East Yorkshire, HU93
£72506/240.91 miWestminster Avenue, Hull3
£69512/240.91 mi-3
£67505/240.94 miDouglas Road, Hull, East Yorkshire, HU83
£65004/240.95 miStonebridge Avenue, Greatfield, HU93
£70005/240.96 miBrent Avenue, Hull, HU83
£75004/240.99 miBirklands Drive, Hull, East Yorkshire, HU83
£59504/240.99 miStalybridge Avenue, Hull, HU93
£85001/251.01 mi-3
£87006/241.02 miTelford Street, HULL3
£55004/241.04 miHemswell Avenue, Hull, HU93
£75006/241.06 mi-3
£75006/241.06 mi-3
£79502/251.1 mi-3
£65001/241.11 mi-3
£65005/241.12 miWexford Avenue, Hull, HU93
£75012/241.14 mi-3
£92505/241.17 mi-3
£92505/241.17 mi-3

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

3.39 miles away

Nearest school

0.10 miles away

Nearest train station

3.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £97,000

December 5, 2024

Listed for £100,000

November 7, 2023

Floor Plans

Description

  • Spacious Throughout +
  • Popular Location +
  • Garage +
  • Shops & Amenities Nearby +
  • Close to Public Transport +
  • Three Good Sized Bedrooms +

A spacious three bedroom terraced home which is an ideal renovation/refurbishment project, situated in a popular residential location of East Hull. The property has enough space for all the family and will make a lovely home. The property briefly comprises of: Entrance porch and hallway, good sized lounge, a spacious kitchen leading to outhouse storage and rear/side access. Upstairs offers three double bedrooms and a bathroom. Externally, the property benefits from an enclosed garden and garage to the rear and a small low maintenance front yard. Close to an array of local amenities including shops, schools and good transport links into the Hull City Centre and surrounding areas. COUNCIL TAX BAND A.

Agent Details

Lime Property, Hull

01482 251733

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪