4 Bed Terraced House, Single Let, Hull, HU3 3EJ, £90,000

Boulevard, Hull, HU3 3EJ - 7 views - a year ago

BTL
ROI: 9%
~88 m²
+5 photos

ValuationUndervalued

Sold Prices£57.5K - £410K
Sold Prices/m²£520/m² - £2.8K/m²

 

 

Square Metres

~87.90 m²
Price/m²£1K/m²

Value Estimate

£111,600
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£595 - £3,000

Rent Estimate

£625

Running Costs/mo

£426

Cashflow/mo

£199

Cashflow/yr

£2,385

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £57.5K to £410K, average is £189K. £520/m² to £2.8K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£66K09/210.09 mi72, Cholmley Street, Hull, City Of Kingston Upon Hull HU3 3DP4
£110K02/210.25 mi57, Boulevard, Hull, City Of Kingston Upon Hull HU3 2TS4
£102K10/200.29 mi3, Lyric Close, Hull, City Of Kingston Upon Hull HU3 2QJ4
£170K01/230.32 mi90, Boulevard, Hull, City Of Kingston Upon Hull HU3 2TA4
£128K01/210.35 mi15, Glasgow Street, Hull, City Of Kingston Upon Hull HU3 3QU4
£105K04/210.49 mi213, Edinburgh Street, Hull, City Of Kingston Upon Hull HU3 5AN4
£73K06/210.63 mi103, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BU4
£100K04/230.72 mi20, Glencoe Street, Hull, City Of Kingston Upon Hull HU3 6HS4
£166.5K05/230.75 mi7, Beckhole Close, Hull, City Of Kingston Upon Hull HU3 6NB4
£177.5K06/210.79 mi34, Bramshaw Street, Hull, City Of Kingston Upon Hull HU3 5QG4
£270K03/230.83 mi37, Hymers Avenue, Hull, City Of Kingston Upon Hull HU3 1LL4
£119K12/220.88 mi48, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QX4
£160K09/210.92 mi309, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£200K08/230.92 mi301, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£185K03/230.92 mi309, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LB4
£104K02/230.92 mi293, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LA4
£126K11/200.93 mi393, Spring Bank West, Hull, City Of Kingston Upon Hull HU3 1LD4
£92K07/211.02 mi3, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NS4
£57.5K02/211.12 mi31, Leonard Street, Hull, City Of Kingston Upon Hull HU3 1SA4
£133K01/231.16 mi74, Leonard Street, Hull, City Of Kingston Upon Hull HU3 1RZ4
£230K05/231.2 mi19, Mons Street, Hull, City Of Kingston Upon Hull HU5 3SZ4
£205K06/231.24 mi3c, Richmond Street, Hull, City Of Kingston Upon Hull HU5 3JY4
£188K03/211.24 mi6, Richmond Street, Hull, City Of Kingston Upon Hull HU5 3JY4
£220K03/231.26 mi4, Hamlyn Avenue, Hull, City Of Kingston Upon Hull HU4 6BU4
£168K04/211.26 mi20, Hamlyn Avenue, Hull, City Of Kingston Upon Hull HU4 6BU4
£160K04/221.27 mi25, John Street, Hull, City Of Kingston Upon Hull HU2 8DH4
£243K01/221.29 mi4, Ascott Close, Hull, City Of Kingston Upon Hull HU4 6EQ4
£289.9K08/211.36 mi835, Anlaby Road, Hull, City Of Kingston Upon Hull HU4 6DJ4
£175K10/221.38 mi7, Burslem Street, Hull, City Of Kingston Upon Hull HU2 9BP4
£225K10/211.39 mi2, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£245K04/231.39 mi16, The Parade, Hull, City Of Kingston Upon Hull HU5 2UH4
£85K07/211.49 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£85K07/211.49 mi53, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU4
£272K03/231.53 mi25, Boundary Way, Hull, City Of Kingston Upon Hull HU4 6DH4
£250K09/211.55 mi83, Salisbury Street, Hull, City Of Kingston Upon Hull HU5 3DU4
£330K03/211.58 mi9, Gemsbok Way, Hull, City Of Kingston Upon Hull HU4 6UF4
£255K02/211.61 mi5, Blueberry Court, Hull, City Of Kingston Upon Hull HU4 7AZ4
£315K02/211.62 mi18, Impala Way, Hull, City Of Kingston Upon Hull HU4 6UE4
£247.5K06/211.63 mi29, Woodland End, Hull, City Of Kingston Upon Hull HU4 6TP4
£265K01/211.63 mi50, Pilots Way, Hull, City Of Kingston Upon Hull HU9 1PS4
£385K05/211.63 mi11, Pilots Way, Hull, City Of Kingston Upon Hull HU9 1PS4
£280K06/231.66 mi944, Anlaby Road, Hull, City Of Kingston Upon Hull HU4 6AH4
£190K03/211.68 mi62, South Bridge Road, Hull, City Of Kingston Upon Hull HU9 1TL4
£172K11/201.7 mi187, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2BX4
£290K04/231.7 mi1003, Anlaby Road, Hull, City Of Kingston Upon Hull HU4 7PN4
£265K06/221.71 mi974, Anlaby Road, Hull, City Of Kingston Upon Hull HU4 6AT4
£245.5K12/221.76 mi3, Malham Avenue, Hull, City Of Kingston Upon Hull HU4 6AR4
£280K12/221.76 mi23, Celandine Close, Hull, City Of Kingston Upon Hull HU5 5GA4
£280K10/221.76 mi992, Anlaby Road, Hull, City Of Kingston Upon Hull HU4 6AT4
£410K11/201.76 mi12, Caledonia Park, Hull, City Of Kingston Upon Hull HU9 1TE4

Local Rents

27 rents from £595/mo to £3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£65003/250.07 mi-4
£85003/250.1 mi-3
£1,50003/250.14 mi-3
£3,00004/250.16 mi-4
£82505/240.16 mi-3
£1,20011/240.17 mi-3
£1,00003/250.17 mi-4
£90002/250.19 mi-4
£65004/240.19 miBeech Grove, Wellsted Street, HU33
£62505/240.2 mi-3
£62505/240.2 miDivision Road, Hull, HU33
£87504/250.21 mi-4
£75003/250.22 mi-3
£95004/250.22 mi-3
£80004/250.23 mi-3
£80004/250.23 mi-3
£59505/240.24 miQueensgate Street, Hull, East Riding Of Yorkshire, HU33
£69504/250.32 mi-3
£69503/250.35 mi-3
£67504/240.37 miLinnaeus Street, Hull, East Riding Of Yorkshire, HU33
£67505/240.37 miLinnaeus Street, Hull, East Riding Of Yorkshire, HU33
£85012/240.38 mi-3
£68511/230.38 mi-3
£65004/240.46 mi-3
£97511/230.5 mi-3
£82502/250.5 mi-3
£78512/230.58 mi-3

Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

1.74 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £90,000

December 13, 2023

Sold for £90,000

2009

Sold for £14,000

2002

Floor Plans

Description

  • Investment Opportunity +
  • 4 Bedroom End Terraced Property +
  • Gross Yield 8.3% (Exc. utility bills) +
  • Walking Distance To Amenities +
  • Tenanted to a Professional Family +
  • RENT: £625pcm (Exc utility bills) +

We believe this property works best at 75% or less based on an interest rate of 4.5%.

This is a spacious 4 bedroom end terraced property. The property is of traditional brick and tile construction and has been refurbished recently. The property is located off Hessle Road and is a short walk from amenities including local shops, pubs, a gym and a large supermarket. There are multiple bus stops and routes close by.

The windows to the property are all UPVC double glazed as is the front door, with solid wood back door. The property has gas central heating, with an Ideal combi-boiler installed in 2021 which is located in the second bedroom.

The recent refurbishment works included new modern kitchen, new bathroom, new flooring, new internal doors, new UPVC front door and full redecoration.

Internally the ground floor accommodation offers entrance hallway with stairs to the first floor, both front and rear facing reception rooms, modern fitted kitchen with base and eye level units and integrated oven and hob.

The staircase provides access to two well proportioned bedrooms on the first floor, as well as a contemporary bathroom, with ladder style radiator and shower over bath. Continuing up the stairs to the second floor, there are two further good size bedrooms.

Externally to the rear of the property is a small, low maintenance, enclosed yard.

The property provides great size family accommodation, and would appeal to a range of potential tenants making this an exceptionally appealing investment opportunity. The property is currently tenanted and is achieving £625 pcm.

To receive a copy of the comprehensive brochure please register on our buyers database, visit our website to complete the buyers registration form.

Buyers premium of £3,000 + VAT - payable in two parts:
A non-refundable reservation fee of £1,500 plus VAT
The balance is due upon legal completion (which is collected and paid by the buyers solicitor)

Agent Details

Realm 47, Hull

01903 947071

Next Steps?

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