2 Bed Terraced House, Single Let, Hull, HU5 1JF, £72,000

Cranbourne Avenue, Fenchurch Street, Hull, East Yorkshire, HU5 1JF - 4 views - a year ago

Sold STC

BTL

ROI: 3%

~57 m²

+5 photos

ValuationOvervalued

Sold Prices	£58.8K - £158K
Sold Prices/m²	£703/m² - £1.9K/m²

Square Metres	~56.93 m²
Price/m²	£1.3K/m²
Value Estimate	£66,571£66,571

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£18,000£18,000
Stamp Duty & Legal Fees	£3,360£3,360
Total Cash In	£21,360£21,360

Cash Out
Rent Range	£85 - £1,590£85 - £1,590
Rent Estimate	£374
Running Costs/mo	£320£320
Cashflow/mo	£54£54
Cashflow/yr	£650£650
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £58.8K to £158K, average is £86.5K. £703/m² to £1.9K/m², average is £1.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£64K	01/23	0.06 mi	23, Stepney Lane, Hull, City Of Kingston Upon Hull HU5 1HZ	£703	91	2	Semi-Detached House
£65K	01/23	0.06 mi	5, Farringdon Street, Hull, City Of Kingston Upon Hull HU5 1JA	£1,167	56	2	Terraced House
£73K	11/20	0.1 mi	69, Nicholson Street, Hull, City Of Kingston Upon Hull HU5 1EY	£859	85	2	Terraced House
£76K	06/23	0.18 mi	8, Folkestone Street, Hull, City Of Kingston Upon Hull HU5 1BH	£1,118	68	2	Semi-Detached House
£98K	02/23	0.19 mi	58, Folkestone Street, Hull, City Of Kingston Upon Hull HU5 1BJ	-	-	2	Terraced House
£72.5K	06/21	0.22 mi	1c, Cave Street, Hull, City Of Kingston Upon Hull HU5 2TZ	£1,169	62	2	Terraced House
£85K	12/22	0.28 mi	19, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BA	£1,417	60	2	Terraced House
£87K	11/20	0.29 mi	8, Knightsbridge Court, Hull, City Of Kingston Upon Hull HU3 1UG	£1,403	62	2	Terraced House
£89K	08/23	0.32 mi	20, Fountain Road, Hull, City Of Kingston Upon Hull HU2 9PF	£1,854	48	2	Terraced House
£58.8K	05/21	0.33 mi	24, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE	£933	63	2	Terraced House
£65K	08/22	0.34 mi	24, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE	£1,032	63	2	Terraced House
£86K	09/22	0.34 mi	5, Sophia Close, Hull, City Of Kingston Upon Hull HU2 9PG	£1,779	48	2	Semi-Detached House
£80K	06/23	0.37 mi	49, Worthing Street, Hull, City Of Kingston Upon Hull HU5 1PD	-	-	2	Terraced House
£85K	01/22	0.39 mi	196, Waterloo Street, Hull, City Of Kingston Upon Hull HU2 9LP	£1,103	77	2	Terraced House
£85K	05/23	0.42 mi	48, Grafton Street, Hull, City Of Kingston Upon Hull HU5 2NR	£1,104	77	2	Terraced House
£72K	12/21	0.43 mi	145, St Pauls Street, Hull, City Of Kingston Upon Hull HU2 0DH	-	-	2	Terraced House
£105K	04/23	0.46 mi	2, Rydale Court, Hull, City Of Kingston Upon Hull HU5 1QE	-	-	2	Terraced House
£85K	07/23	0.46 mi	79, Worthing Street, Hull, City Of Kingston Upon Hull HU5 1PP	£1,076	79	2	Terraced House
£115K	08/21	0.54 mi	102, Ryde Avenue, Hull, City Of Kingston Upon Hull HU5 1QG	£1,438	80	2	Terraced House
£100K	02/23	0.58 mi	27, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH	£1,156	87	2	Terraced House
£83.5K	01/21	0.59 mi	53, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH	£994	84	2	Terraced House
£60K	10/21	0.59 mi	25, Marshall Street, Hull, City Of Kingston Upon Hull HU5 3DA	£896	67	2	Terraced House
£110K	11/21	0.6 mi	59, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2AN	£1,146	96	2	Terraced House
£90K	10/21	0.6 mi	17, Edgecumbe Street, Hull, City Of Kingston Upon Hull HU5 2EU	£1,286	70	2	Terraced House
£100K	12/20	0.61 mi	188, Newland Avenue, Hull, City Of Kingston Upon Hull HU5 2NE	£1,429	70	2	Terraced House
£115K	05/23	0.62 mi	26, Clough Road, Hull, City Of Kingston Upon Hull HU5 1QN	£1,494	77	2	Terraced House
£92.5K	01/21	0.64 mi	78, Sharp Street, Hull, City Of Kingston Upon Hull HU5 2AB	£1,039	89	2	Terraced House
£78K	05/23	0.64 mi	69, Hardy Street, Hull, City Of Kingston Upon Hull HU5 2PJ	-	-	2	Terraced House
£87.5K	05/21	0.64 mi	62, Hardy Street, Hull, City Of Kingston Upon Hull HU5 2PJ	£1,067	82	2	Terraced House
£110K	01/23	0.65 mi	39, Bridlington Avenue, Hull, City Of Kingston Upon Hull HU2 0DU	-	-	2	Terraced House
£75K	05/23	0.68 mi	17, Exmouth Street, Hull, City Of Kingston Upon Hull HU5 2HX	£1,284	58	2	Terraced House
£80K	12/21	0.7 mi	5, Torrington Street, Hull, City Of Kingston Upon Hull HU5 2EW	-	-	2	Terraced House
£77K	09/21	0.7 mi	38, Manvers Street, Hull, City Of Kingston Upon Hull HU5 2HW	-	-	2	Terraced House
£158K	06/21	0.7 mi	131, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ	-	-	2	Terraced House
£142K	07/21	0.7 mi	129, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AJ	-	-	2	Terraced House
£76K	03/23	0.71 mi	10, Norfolk Street, Hull, City Of Kingston Upon Hull HU2 9AA	-	-	2	Terraced House
£135.5K	12/21	0.72 mi	99, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR	£1,673	81	2	Terraced House
£80K	12/20	0.72 mi	117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR	£889	90	2	Terraced House
£113.2K	05/23	0.72 mi	117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR	£1,258	90	2	Terraced House
£90K	12/20	0.72 mi	45, Raglan Street, Hull, City Of Kingston Upon Hull HU5 2JA	£1,268	71	2	Terraced House
£100K	12/20	0.74 mi	9, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP	£1,205	83	2	Terraced House
£122.5K	05/21	0.74 mi	75, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP	£1,441	85	2	Terraced House
£133K	06/23	0.76 mi	77, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RH	-	-	2	Terraced House
£105K	03/23	0.76 mi	112, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BS	£1,856	57	2	Terraced House
£107.5K	05/23	0.77 mi	34, Haworth Street, Hull, City Of Kingston Upon Hull HU6 7RQ	£1,400	77	2	Terraced House
£90K	04/23	0.78 mi	64, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ	£1,341	67	2	Terraced House
£112.5K	03/21	0.78 mi	54, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ	£1,520	74	2	Terraced House
£67K	08/23	0.81 mi	4, Kirkstead Street, Hull, City Of Kingston Upon Hull HU8 8DR	£985	68	2	Terraced House
£65K	10/22	0.85 mi	34, New George Street, Hull, City Of Kingston Upon Hull HU2 8AY	£1,121	58	2	Semi-Detached House
£65K	08/21	0.86 mi	7, Kathleen Road, Hull, City Of Kingston Upon Hull HU8 8EB	-	-	2	Semi-Detached House

Local Rents

51 rents from £85/mo to £1.6K/mo, average is £625/mo.

Rent	Date	Distance	Address	Beds	Type
£595	04/24	0.01 mi	Cranbourne Avenue, Fenchurch Street, Hull, East Riding Of Yorkshire, HU5	2	Terraced House
£650	05/24	0.06 mi	Farringdon Street, Hull, East Riding Of Yorkshire, HU5	2	Terraced House
£595	05/24	0.06 mi	Farringdon Street, HULL, HU5 1JA	2	Terraced House
£650	04/24	0.07 mi	Farringdon Street, Hull	2	Terraced House
£845	12/24	0.08 mi	-	2	Semi-Detached House
£575	03/24	0.12 mi	-	2	Terraced House
£600	05/24	0.15 mi	Temple Street, Sculcoates, Hull, HU5 1AD	2	Flat
£600	04/25	0.15 mi	-	2	Terraced House
£525	05/24	0.16 mi	-	2	Flat
£550	05/24	0.16 mi	3 Folkstone Avenue, Hull, HU5 1BU	2	Terraced House
£550	05/24	0.16 mi	3 Folkstone Avenue, Hull, HU5 1BU	2	Terraced House
£583	01/25	0.17 mi	-	2	Terraced House
£675	04/24	0.18 mi	-	2	Terraced House
£650	04/24	0.18 mi	Flat C 2 Pearson Park, Hull, HU5 2SY	2	Flat
£600	04/24	0.18 mi	Flat 3, 6 Pearson Park, Beverley Road	2	Flat
£520	05/24	0.18 mi	Pearson Park, Hull, East Riding Of Yorkshire, HU5	2	Flat
£600	05/24	0.21 mi	-	2	Flat
£650	01/25	0.21 mi	-	2	Flat
£700	04/25	0.21 mi	-	2	Flat
£524	10/23	0.23 mi	Sculcoates Lane, , Hull	2	House
£1,590	02/25	0.24 mi	-	2	Terraced House
£950	12/24	0.26 mi	-	2	Flat
£795	04/24	0.27 mi	Pearson Park, HULL	2	Flat
£795	06/24	0.27 mi	-	2	Flat
£795	04/24	0.27 mi	Kingston Villas, Hull, HU5	2	Flat
£412	12/23	0.31 mi	De Grey Street, Hull	2	Flat
£412	12/23	0.31 mi	De Grey Street, Hull	2	Flat
£725	01/24	0.32 mi	Flat 4,BeechwoodPearson Park,Hull,HU5	2	Flat
£725	01/24	0.32 mi	Flat 1, Beechwood, 49 Pearson Park,Hull,HU5	2	Flat
£760	04/24	0.32 mi	43 Pearson Park, Flat 2 Studley House, Hull, East Riding Of Yorkshire, HU5	2	Flat
£625	04/24	0.32 mi	Needlers Way, Hull, East Riding of Yorkshire, HU5	2	Semi-Detached House
£625	04/24	0.36 mi	St Vincents Court, 36 Queens Road, Hull, East Riding of Yorkshi, HU5	2	Flat
£525	04/24	0.36 mi	Park Road, Hull, HU3	2	Flat
£525	05/24	0.36 mi	Park Road, Hull, HU3	2	Flat
£550	04/24	0.38 mi	-	2	Terraced House
£550	04/24	0.38 mi	-	2	Terraced House
£550	04/24	0.38 mi	-	2	Terraced House
£85	12/23	0.4 mi	Grafton Street, Hull	2	Flat
£695	12/24	0.42 mi	-	2	Terraced House
£750	12/24	0.44 mi	-	2	Terraced House
£850	05/24	0.46 mi	-	2	Flat
£368	05/24	0.47 mi	Grafton Street, Hull	2	Flat
£650	12/24	0.47 mi	-	2	Flat
£685	04/24	0.48 mi	-	2	Terraced House
£625	12/24	0.49 mi	-	2	Terraced House
£745	05/24	0.49 mi	Victoria Avenue, Princes Avenue, Sculcoates, Hull, HU5 3DR	2	Flat
£550	12/24	0.49 mi	-	2	Terraced House
£800	01/25	0.5 mi	-	2	Flat
£650	04/25	0.51 mi	-	2	Flat
£525	04/24	0.51 mi	-	2	Flat
£700	12/24	0.52 mi	-	2	Flat

Local Area Statistics

Population in HU5	51,12051,120
Population in Hull	313,622313,622
Town centre distance	0.53 miles away0.53 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.12 miles away1.12 miles away

Rental demand	Tenant's marketTenant's market
Rental growth (12m)	+25%+25%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+24%+24%

Property History

Listed for £72,000

May 20, 2024

Floor Plans

Description

Close to public transport +
Double glazing +
Shops and amenities nearby +
Close to well regarded schooling +
Chain free sale +

The house is offered for sale with a tenant in situ. Contracted rent £550pcm.

This well presented 2 bed end of terrace house is nicely positioned, close to Beverley Road and with easy transport links to the city centre.

The front door opens into a long through lounge with a square bay and an ornamental fireplace. The dining area is the perfect size for a full dining suite and off here is a staircase to the first floor landing with the usual utility cupboard beneath. Through the lounge, the kitchen is well equipped with white base units and mounted cupboards, a stainless sink and drainer and a gas cooker. Adjacent to the kitchen is a bathroom with shower boarding to the walls. Over the bath is an electric shower; a pedestal basin and WC completes the suite.

To the first floor are 2 double bedrooms. Bedroom 1 has a square bay and bedroom 2 benefits form a uPVC escape window and an easily accessible square loft hatch.

The house benefits from uPVC double glazing and gas central heating and can be viewed by appointment.

Positioned off Fenchurch St close to Beverley Road, this property is within walking distance of a primary school and is close to lots of local amenities.

Agent Details

HPC, Hull

01482 251827

Next Steps?

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

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