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2 Bed Terraced House, Single Let, Hull, HU3 6PP, £75,000





ValuationUndervalued
Sold Prices | £52K - £137K |
Sold Prices/m² | £765/m² - £2.1K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.1K/m² |
Value Estimate | £91,500£91,500 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £18,750£18,750 |
Stamp Duty & Legal Fees | £3,450£3,450 |
Total Cash In | £22,200£22,200 |
| |
Cash Out | |
Rent Range | £375 - £1,105£375 - £1,105 |
Rent Estimate | £435 |
Running Costs/mo | £341£341 |
Cashflow/mo | £94£94 |
Cashflow/yr | £1,124£1,124 |
ROI | 5%5% |
Gross Yield | 7%7% |
Local Sold Prices
49 sold prices from £52K to £137K, average is £100K. £765/m² to £2.1K/m², average is £1.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£52K | 04/21 | 0 mi | 21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP | £765 | 68 | 2 | Terraced House | |
£52K | 04/21 | 0 mi | 21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP | £765 | 68 | 2 | Terraced House | |
£66K | 04/21 | 0.04 mi | 13, Pitt Street, Hull, City Of Kingston Upon Hull HU3 6PN | £931 | 71 | 2 | Terraced House | |
£65K | 01/21 | 0.06 mi | 155, De La Pole Avenue, Hull, Humberside HU3 6RE | £970 | 67 | 2 | Terraced House | |
£70K | 08/21 | 0.09 mi | 201, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF | - | - | 2 | Terraced House | |
£80K | 03/21 | 0.09 mi | 207, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF | £1,404 | 57 | 2 | Terraced House | |
£68K | 01/21 | 0.12 mi | 246, De La Pole Avenue, Hull, Humberside HU3 6RJ | £986 | 69 | 2 | Terraced House | |
£115K | 01/23 | 0.2 mi | 105, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU | £1,575 | 73 | 2 | Terraced House | |
£84.1K | 10/21 | 0.2 mi | 105, Alliance Avenue, Hull, City Of Kingston Upon Hull HU3 6QU | £1,152 | 73 | 2 | Terraced House | |
£110K | 01/23 | 0.24 mi | 22, Woodgate Road, Hull, City Of Kingston Upon Hull HU5 5AH | - | - | 2 | Terraced House | |
£115K | 09/21 | 0.3 mi | 36, Dundee Street, Hull, City Of Kingston Upon Hull HU5 3TY | £1,855 | 62 | 2 | Terraced House | |
£108K | 01/21 | 0.32 mi | 49, Luton Road, Hull, City Of Kingston Upon Hull HU5 5AJ | £1,187 | 91 | 2 | Terraced House | |
£82K | 05/21 | 0.36 mi | 141, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN | £1,492 | 55 | 2 | Terraced House | |
£123K | 02/23 | 0.36 mi | 125, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XG | £1,836 | 67 | 2 | Terraced House | |
£110K | 01/23 | 0.36 mi | 113, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN | £1,358 | 81 | 2 | Terraced House | |
£125K | 11/20 | 0.37 mi | 91, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XG | £1,359 | 92 | 2 | Terraced House | |
£118K | 03/23 | 0.37 mi | 39, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL | - | - | 2 | Terraced House | |
£87.5K | 11/20 | 0.37 mi | 51, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL | £1,626 | 54 | 2 | Terraced House | |
£90K | 11/20 | 0.37 mi | 15, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL | £1,268 | 71 | 2 | Terraced House | |
£117.5K | 05/21 | 0.38 mi | 26, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XJ | £1,705 | 69 | 2 | Terraced House | |
£95K | 02/21 | 0.38 mi | 80, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XJ | £1,532 | 62 | 2 | Terraced House | |
£85K | 02/21 | 0.39 mi | 5, Southburn Avenue, Hull, Humberside HU5 5BB | £1,518 | 56 | 2 | Terraced House | |
£105K | 06/23 | 0.39 mi | 14, Southburn Avenue, Hull, City Of Kingston Upon Hull HU5 5BB | - | - | 2 | Terraced House | |
£114K | 07/21 | 0.39 mi | 162, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XP | £2,073 | 55 | 2 | Terraced House | |
£130K | 10/21 | 0.39 mi | 138, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XP | - | - | 2 | Terraced House | |
£100K | 01/21 | 0.39 mi | 112, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XP | £2,000 | 50 | 2 | Terraced House | |
£82.5K | 03/21 | 0.39 mi | 124, Brooklands Road, Hull, Humberside HU5 5AF | £1,657 | 50 | 2 | Terraced House | |
£112.5K | 06/21 | 0.39 mi | 75, Roslyn Road, Hull, City Of Kingston Upon Hull HU3 6XQ | £1,607 | 70 | 2 | Terraced House | |
£81K | 03/23 | 0.4 mi | 7, Hildas Avenue, Hull, City Of Kingston Upon Hull HU5 3UJ | £1,350 | 60 | 2 | Terraced House | |
£120K | 03/23 | 0.41 mi | 64, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XW | £1,600 | 75 | 2 | Terraced House | |
£110K | 07/21 | 0.41 mi | 11, Brooklands Road, Hull, City Of Kingston Upon Hull HU5 5AD | £1,707 | 64 | 2 | Terraced House | |
£125K | 02/23 | 0.42 mi | 72, Meadowbank Road, Hull, City Of Kingston Upon Hull HU3 6XW | £1,582 | 79 | 2 | Terraced House | |
£98K | 12/20 | 0.42 mi | 23, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX | £1,273 | 77 | 2 | Terraced House | |
£90K | 01/23 | 0.43 mi | 5, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX | £1,475 | 61 | 2 | Terraced House | |
£94K | 01/21 | 0.43 mi | 126, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3NA | £1,567 | 60 | 2 | Terraced House | |
£101K | 10/21 | 0.43 mi | 139, Newstead Street, Hull, Humberside HU5 3NF | £1,263 | 80 | 2 | Terraced House | |
£100K | 01/23 | 0.44 mi | 55, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BU | £836 | 120 | 2 | Terraced House | |
£95K | 05/21 | 0.45 mi | 85, Plane Street, Hull, City Of Kingston Upon Hull HU3 6BU | £922 | 103 | 2 | Terraced House | |
£100K | 02/23 | 0.46 mi | 83, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LZ | £1,471 | 68 | 2 | Terraced House | |
£90K | 03/21 | 0.46 mi | 143, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD | £1,698 | 53 | 2 | Terraced House | |
£95K | 11/20 | 0.46 mi | 149, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD | £1,610 | 59 | 2 | Terraced House | |
£108K | 05/23 | 0.46 mi | 125, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD | £1,685 | 64 | 2 | Terraced House | |
£85K | 07/21 | 0.46 mi | 107, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD | - | - | 2 | Terraced House | |
£122K | 05/23 | 0.46 mi | 113, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XD | £1,671 | 73 | 2 | Terraced House | |
£137K | 04/23 | 0.46 mi | 101, Brooklands Road, Hull, City Of Kingston Upon Hull HU5 5AE | £1,556 | 88 | 2 | Terraced House | |
£117K | 02/23 | 0.46 mi | 81, Brooklands Road, Hull, City Of Kingston Upon Hull HU5 5AE | £2,089 | 56 | 2 | Terraced House | |
£78.8K | 11/21 | 0.47 mi | 11, Selkirk Street, Hull, City Of Kingston Upon Hull HU5 3NS | £1,406 | 56 | 2 | Terraced House | |
£95.5K | 12/20 | 0.47 mi | 72, Kirklands Road, Hull, City Of Kingston Upon Hull HU5 5AU | £1,345 | 71 | 2 | Terraced House | |
£131K | 10/21 | 0.48 mi | 17, Cardigan Road, Hull, City Of Kingston Upon Hull HU3 6XA | £1,617 | 81 | 2 | Terraced House |
Local Rents
50 rents from £375/mo to £1.1K/mo, average is £625/mo.
Rent | Date | Distance | Address | Beds | Type | |
£595 | 05/24 | 0 mi | Chatham Street, Hull, East Riding Of Yorkshire, HU3 | 2 | Terraced House | |
£595 | 04/25 | 0.02 mi | - | 2 | Semi-Detached House | |
£500 | 06/24 | 0.03 mi | - | 2 | Terraced House | |
£650 | 12/24 | 0.05 mi | - | 2 | Terraced House | |
£575 | 04/24 | 0.06 mi | - | 2 | Terraced House | |
£750 | 01/25 | 0.06 mi | - | 2 | Terraced House | |
£575 | 01/24 | 0.07 mi | Fairmount Avenue, De La Pole Avenue, Hull, East Riding Of Yorkshire, HU3 | 2 | Terraced House | |
£575 | 05/24 | 0.07 mi | Fairmount Avenue, De La Pole Avenue, Hull, East Riding Of Yorkshire, HU3 | 2 | Terraced House | |
£575 | 04/25 | 0.1 mi | - | 2 | Terraced House | |
£650 | 04/24 | 0.11 mi | Elm Grove, De La Pole Avenue, Hull, HU3 | 2 | Terraced House | |
£650 | 01/25 | 0.12 mi | - | 2 | Terraced House | |
£525 | 05/24 | 0.17 mi | Spring Bank West, Hull, HU3 6LB | 2 | Terraced House | |
£550 | 05/24 | 0.19 mi | Alliance Avenue, Hull, HU3 | 2 | Flat | |
£500 | 11/23 | 0.28 mi | - | 2 | Terraced House | |
£675 | 04/24 | 0.29 mi | Brooklands Road, Hull, East Riding Of Yorkshire, HU5 | 2 | Terraced House | |
£675 | 05/24 | 0.29 mi | Brooklands Road, Hull, East Riding Of Yorkshire, HU5 | 2 | Terraced House | |
£600 | 12/24 | 0.34 mi | - | 2 | Semi-Detached House | |
£650 | 01/25 | 0.35 mi | - | 2 | Terraced House | |
£625 | 02/25 | 0.35 mi | - | 2 | Terraced House | |
£650 | 02/25 | 0.35 mi | - | 2 | Flat | |
£750 | 01/24 | 0.36 mi | - | 2 | Terraced House | |
£600 | 04/24 | 0.36 mi | Perth Street West, HU5 | 2 | Terraced House | |
£650 | 04/25 | 0.37 mi | - | 2 | Terraced House | |
£1,105 | 05/24 | 0.37 mi | - | 2 | Flat | |
£625 | 04/24 | 0.37 mi | Rutland Road, Spring Bank West, Hull, East Yorkshire, HU5 | 2 | Terraced House | |
£625 | 04/24 | 0.39 mi | - | 2 | Terraced House | |
£625 | 04/24 | 0.39 mi | Cardigan Road, Hull, HU3 | 2 | Terraced House | |
£620 | 01/25 | 0.4 mi | - | 2 | Flat | |
£650 | 03/25 | 0.4 mi | - | 2 | Terraced House | |
£725 | 04/25 | 0.41 mi | - | 2 | Flat | |
£550 | 05/24 | 0.41 mi | Perth Street West, Hull, HU5 | 2 | Terraced House | |
£550 | 05/24 | 0.41 mi | - | 2 | Terraced House | |
£650 | 04/24 | 0.41 mi | - | 2 | Terraced House | |
£650 | 11/24 | 0.41 mi | - | 2 | Terraced House | |
£625 | 04/24 | 0.43 mi | Perth Street, HULL, HU5 3NZ | 2 | Flat | |
£625 | 05/24 | 0.43 mi | Perth Street, HULL, HU5 3NZ | 2 | Flat | |
£775 | 04/24 | 0.43 mi | - | 2 | Flat | |
£625 | 03/24 | 0.44 mi | - | 2 | Terraced House | |
£900 | 04/25 | 0.45 mi | - | 2 | Terraced House | |
£495 | 12/24 | 0.47 mi | Plane Street, Hull, East Riding Of Yorkshire, HU3 | 2 | Flat | |
£375 | 04/24 | 0.48 mi | Flat 2 8 Granville Street, Hull, HU3 | 2 | Flat | |
£750 | 05/24 | 0.49 mi | Anlaby Road, Hull, HU3 6UZ | 2 | Flat | |
£650 | 04/24 | 0.5 mi | Selkirk Street, Hull | 2 | Terraced House | |
£550 | 05/24 | 0.5 mi | Wharncliffe Street, Hull | 2 | Terraced House | |
£625 | 04/24 | 0.51 mi | - | 2 | Terraced House | |
£550 | 04/24 | 0.52 mi | Hawthorn Avenue, Hull, East Riding Of Yorkshire, HU3 | 2 | Terraced House | |
£650 | 04/24 | 0.52 mi | Perth Street, HULL, HU5 3NL | 2 | Terraced House | |
£625 | 04/24 | 0.52 mi | White St, Hull, HU3 | 2 | Terraced House | |
£725 | 05/24 | 0.52 mi | Westbourne Avenue West, Hull, HU5 3JE | 2 | Terraced House | |
£595 | 04/25 | 0.57 mi | - | 2 | Terraced House |
Local Area Statistics
Population in HU3 | 26,64826,648 |
Population in Hull | 313,622313,622 |
Town centre distance | 1.30 miles away1.30 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 1.43 miles away1.43 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -3%-3% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +11%+11% |
Property History
Listed for £75,000
May 13, 2024
Sold for £43,500
2005
Sold for £39,995
2004
Description
- Reservation Fee Applicable +
- T&C's Apply +
- Schedule a viewing: Don't miss this promising investment opportunity. +
- Easy commuting: Excellent transport links to the city center. +
- Modern interior: Contemporary design and comfortable living spaces. +
- Proximity to MKM Stadium: Within walking distance, enhancing appeal for tenants. +
- Convenient amenities: Close to local shops, restaurants, and transport links. +
- Prime location: Situated just off Albert Avenue between Anlaby Road and Spring Bank West. +
- Strong yield: Approximate yield of 8.4%, offering attractive returns for investors. +
- Lucrative investment: Two-bedroom property with tenants achieving £525 per calendar month. +
*Guide Price £75,000 - £85,000 plus Reservation Fee* Investment Opportunity: Explore this enticing investment opportunity with a two-bedroom property currently yielding £525 per calendar month from reliable tenants. With an approximate yield of 8.4%, it presents a solid return on investment for astute investors. Prime Location: Nestled just off Albert Avenue between Anlaby Road and Spring Bank West, this property enjoys a prime location with easy access to a wealth of local amenities and excellent transport links to the city center. Residents benefit from proximity to the MKM Stadium, enhancing the appeal of this investment. Convenient Connectivity: With its strategic positioning, this property offers seamless connectivity to the entire city centre, making it an attractive option for tenants seeking convenient transportation options. Whether commuting by car, bus, or foot, residents can navigate the city with ease. Modern Comforts: Boasting a contemporary interior and well-appointed living spaces, this property provides modern comforts designed to attract and retain tenants. The two bedrooms offer comfortable accommodation, creating a welcoming atmosphere for occupants. Schedule a Viewing: Don't miss out on this lucrative investment opportunity. Schedule a viewing today to experience the potential of this property firsthand and secure a promising addition to your investment portfolio. **Fees, Exclusivity, and Disclaimer: ** Fees: Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price. This reservation fee ensures that the property is taken off the market as soon as a sale is agreed, eliminating gazumping, time wasting, and financial loss. The Reservation Fee can be refunded under certain circumstances; i.e the seller deciding to pull out, a chain collapsing or structural issues verified by a structural survey. For more information on what would qualify for a refund then please speak to the office Exclusivity: Following the payment of the reservation fee, Rezee will facilitate a fixed exclusivity period of 60 days from draft contracts being issued. During this time the property will be reserved, so there will be no risk of gazumping. Process: Our process: 1. Register your interest 2. Prepare your finances for the purchase 3. Arrange a viewing 4. Make an offer 5. Secure your sale using our secure system 6. Exchange and complete Disclaimer: The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer. The Buyer is required to verify their ID & show proof of funds. Rezee offers additional services, such as conveyancing, financial advice, surveying & other services associated with selling & buying a property. Rezee may receive a referral fee for these third-party services. We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
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