2 Bed Flat, Single Let, Hull, HU3 6PR, £85,000

Albert Avenue, Hull, HU3 6PR - 5 views - a year ago

Sold STC
BTL
ROI: 3%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£34K - £140K
Sold Prices/m²£435/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£96,824
BMV14%

Cashflows











Local Sold Prices

43 sold prices from £34K to £140K, average is £77K. £435/m² to £2.5K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£75K10/220.51 mi17, Bermondsey Drive, Hull, City Of Kingston Upon Hull HU5 5EH2
£62K07/210.51 mi11, Bermondsey Drive, Hull, City Of Kingston Upon Hull HU5 5EH2
£100K08/220.65 mi43, Hymers Avenue, Hull, City Of Kingston Upon Hull HU3 1LL2
£115K11/220.67 mi12, Madeira Court, Hull, City Of Kingston Upon Hull HU5 4BS2
£107.5K03/210.67 mi10, Madeira Court, Hull, City Of Kingston Upon Hull HU5 4BS2
£38K11/220.7 mi106, Lindsey Place, Hull, City Of Kingston Upon Hull HU4 6AF2
£71.3K04/220.7 mi32, Lowdale Close, Hull, City Of Kingston Upon Hull HU5 5DS2
£50.5K03/210.7 mi57, Lindsey Place, Hull, City Of Kingston Upon Hull HU4 6AF2
£77K08/220.71 mi7, Northella Drive, Hull, City Of Kingston Upon Hull HU4 6DE2
£82.5K04/220.71 mi11, Northella Drive, Hull, City Of Kingston Upon Hull HU4 6DE2
£73K01/220.72 mi54, Glasgow Street, Hull, City Of Kingston Upon Hull HU3 3PR2
£106K09/210.74 mi3, Jensen Mews, Hull, City Of Kingston Upon Hull HU4 6AX2
£106K09/210.74 mi3, Jensen Mews, Hull, City Of Kingston Upon Hull HU4 6AX2
£112.5K03/230.76 mi4, Black & Amber Way, Hull, City Of Kingston Upon Hull HU4 6BQ2
£64K09/210.96 mi70, Cholmley Street, Hull, City Of Kingston Upon Hull HU3 3DP2
£73.5K10/220.98 mi50, Dayton Road, Hull, City Of Kingston Upon Hull HU5 5TF2
£70K06/221.08 mi147, Clarendon Street, Hull, City Of Kingston Upon Hull HU3 1AN2
£72.5K01/231.08 mi137, Clarendon Street, Hull, City Of Kingston Upon Hull HU3 1AN2
£50K11/221.11 mi111, Linnaeus Street, Hull, City Of Kingston Upon Hull HU3 2QT2
£34K04/221.17 mi654, Great Thornton Street, Hull, City Of Kingston Upon Hull HU3 2LX2
£80K04/221.21 mi362, Great Thornton Street, Hull, City Of Kingston Upon Hull HU3 2LT2
£41K03/221.29 mi27, Cave Street, Hull, City Of Kingston Upon Hull HU5 2TZ2
£37K07/221.34 mi172, Cambridge Street, Hull, City Of Kingston Upon Hull HU3 2EF2
£45K01/221.37 mi14, Hobart Street, Hull, City Of Kingston Upon Hull HU3 2EX2
£50K06/221.38 mi9, Brisbane Street, Hull, City Of Kingston Upon Hull HU3 2HS2
£61K12/221.38 mi41, St Lukes Street, Hull, City Of Kingston Upon Hull HU3 2EL2
£45K07/211.42 mi196, Porter Street, Hull, City Of Kingston Upon Hull HU1 2RF2
£96K04/221.51 mi46, Albion Court, Anlaby Common, Hull, East Riding Of Yorkshire HU4 7PL2
£105K04/221.51 mi35, Albion Court, Anlaby Common, Hull, East Riding Of Yorkshire HU4 7PL2
£90.5K04/211.52 mi16, Albion Court, Anlaby Common, Hull, East Riding Of Yorkshire HU4 7PL2
£85K01/211.52 mi45, Albion Court, Anlaby Common, Hull, East Riding Of Yorkshire HU4 7PL2
£50K07/211.61 mi108, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DG2
£50K07/211.61 mi108, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DG2
£107K12/211.67 mi61, Impala Way, Hull, City Of Kingston Upon Hull HU4 6UH2
£140K06/221.73 mi26, Kingston Wharf, Hull, City Of Kingston Upon Hull HU1 2ES2
£80K07/211.78 mi61, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ2
£98K03/231.78 miFlat 14, Warehouse 13, Kingston Street, Hull, City Of Kingston Upon Hull HU1 2DZ2
£98.5K08/211.8 mi55, Wellington Street West, Hull, City Of Kingston Upon Hull HU1 2DG2
£120K09/221.8 mi31, Wellington Street West, Hull, City Of Kingston Upon Hull HU1 2DG2
£115K10/211.81 mi4, Boatswain Croft, Hull, City Of Kingston Upon Hull HU1 2EJ2
£48.5K05/221.82 mi59, Sykes Street, Hull, City Of Kingston Upon Hull HU2 8AZ2
£85K06/221.83 mi69, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ2
£80K07/211.84 mi61, Hainsworth Park, Hull, City Of Kingston Upon Hull HU6 8QQ2













Local Area Statistics

Population in HU3

26,648

Population in Hull

313,622

Town centre distance

1.25 miles away

Nearest school

0.30 miles away

Nearest train station

1.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £85,000

May 16, 2024

Description

  • Reservation Fee Applicable +
  • T&C's Apply +
  • Two separate flats in one freehold property +
  • Close to MKM Stadium and Hull Royal Infirmary +
  • Excellent connectivity between Anlaby Road and Springbank West +
  • Prime location on Albert Avenue +
  • Large double garage at the rear, ideal for storage or personal use +
  • Second flat unoccupied, offering rental potential +
  • One flat currently tenanted, providing immediate income +
  • Combined estimated rental income of £1,000 per month +

*Guide Price £85,000 - £95,000 plus Reservation Fee* Investment Opportunity: Two Flats Within One Freehold Property Discover a fantastic investment opportunity with this freehold property comprising two separate flats, located on Albert Avenue. This property is perfect for investors seeking a promising addition to their portfolio. Key Features:
- Two Flats in One Property: 
  - One flat currently occupied, ensuring immediate rental income.
  - The other flat is unoccupied, with an estimated combined rental potential for both flats of £1,000 per month.
- Large Double Garage: 
  - Situated at the rear of the property, ideal for investors or builders looking for a personal lock-up or additional storage space.
- Prime Location:
  - Positioned on Albert Avenue, providing excellent connectivity between Anlaby Road and Springbank West.
  - Easy access to local amenities, including the MKM Stadium and Hull Royal Infirmary.
  
This property offers a versatile investment with steady rental income and future potential. Don't miss out on this unique opportunity to enhance your investment portfolio. Contact us today to arrange a viewing and explore the potential of this property! **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.

Agent Details

Rezee, Hull

01482 251686

Next Steps?

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