2 Bed Terraced House, Single Let, Hull, HU5 3UP, £79,950

Shirley Avenue, Perth Street West, HU5 3UP - a year ago

BTL
ROI: 10%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£52K - £137K
Sold Prices/m²£765/m² - £1.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£94,466
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£5,198

Total Cash In

£25,185

 

 

Cash Out

 

Rent Range

£500 - £950

Rent Estimate

£595

Running Costs/mo

£389

Cashflow/mo

£206

Cashflow/yr

£2,474

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £52K to £137K, average is £92K. £765/m² to £1.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£81K03/230.02 mi7, Hildas Avenue, Hull, City Of Kingston Upon Hull HU5 3UJ2
£110K01/230.03 mi113, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN2
£82K05/210.03 mi141, Perth Street West, Hull, City Of Kingston Upon Hull HU5 3UN2
£98K12/200.05 mi23, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX2
£90K01/230.05 mi5, Warneford Gardens, Hull, City Of Kingston Upon Hull HU5 3SX2
£115K09/210.1 mi36, Dundee Street, Hull, City Of Kingston Upon Hull HU5 3TY2
£101K10/210.14 mi139, Newstead Street, Hull, Humberside HU5 3NF2
£78.8K11/210.15 mi11, Selkirk Street, Hull, City Of Kingston Upon Hull HU5 3NS2
£94K01/210.15 mi126, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3NA2
£100K02/230.19 mi83, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LZ2
£82.5K09/210.21 mi4, Roxburgh Street, Hull, City Of Kingston Upon Hull HU5 3NR2
£90K05/230.22 mi11, Renfrew Street, Hull, City Of Kingston Upon Hull HU5 3NP2
£74K05/210.24 mi15, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LX2
£100K08/210.24 mi46, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY2
£83K07/210.24 mi36, Wharncliffe Street, Hull, City Of Kingston Upon Hull HU5 3LY2
£125K10/210.28 mi55, Hardwick Street, Hull, City Of Kingston Upon Hull HU5 3PJ2
£68K01/210.34 mi246, De La Pole Avenue, Hull, Humberside HU3 6RJ2
£92.5K05/230.35 mi209, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JB2
£132K03/230.35 mi257, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JB2
£87K08/210.35 mi219, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JB2
£80K03/210.36 mi186, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LT2
£100K03/210.36 mi132, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RN2
£100K05/230.36 mi114, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RN2
£91.5K06/210.37 mi105, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RJ2
£70K08/210.38 mi201, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF2
£80K03/210.38 mi207, De La Pole Avenue, Hull, City Of Kingston Upon Hull HU3 6RF2
£52K04/210.4 mi21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP2
£52K04/210.4 mi21, Chatham Street, Hull, City Of Kingston Upon Hull HU3 6PP2
£105K02/230.4 mi127, Thoresby Street, Hull, City Of Kingston Upon Hull HU5 3RB2
£87.5K03/210.4 mi113, Thoresby Street, Hull, City Of Kingston Upon Hull HU5 3RB2
£110K01/230.4 mi22, Woodgate Road, Hull, City Of Kingston Upon Hull HU5 5AH2
£66K04/210.43 mi13, Pitt Street, Hull, City Of Kingston Upon Hull HU3 6PN2
£65K01/210.43 mi155, De La Pole Avenue, Hull, Humberside HU3 6RE2
£115K01/230.44 mi89, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SB2
£108K01/210.47 mi49, Luton Road, Hull, City Of Kingston Upon Hull HU5 5AJ2
£82.5K03/210.47 mi124, Brooklands Road, Hull, Humberside HU5 5AF2
£73K08/210.48 mi163, National Avenue, Hull, City Of Kingston Upon Hull HU5 4JA2
£118K03/230.51 mi39, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL2
£87.5K11/200.51 mi51, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL2
£90K11/200.51 mi15, Rutland Road, Hull, City Of Kingston Upon Hull HU5 5AL2
£133K06/230.52 mi77, Clumber Street, Hull, City Of Kingston Upon Hull HU5 3RH2
£90K04/230.52 mi64, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ2
£112.5K03/210.52 mi54, Welbeck Street, Hull, City Of Kingston Upon Hull HU5 3SQ2
£100K12/200.52 mi9, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP2
£122.5K05/210.52 mi75, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP2
£135.5K12/210.53 mi99, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£80K12/200.53 mi117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£113.2K05/230.53 mi117, Blenheim Street, Hull, City Of Kingston Upon Hull HU5 3PR2
£137K04/230.54 mi101, Brooklands Road, Hull, City Of Kingston Upon Hull HU5 5AE2
£118K06/230.56 mi5, Aldwych Court, Hull, City Of Kingston Upon Hull HU5 5EQ2

Local Rents

50 rents from £500/mo to £950/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£62504/240.03 mi-2
£65004/240.04 mi-2
£65011/240.04 mi-2
£65001/250.05 mi-2
£65004/250.05 mi-2
£60004/240.05 miPerth Street West, HU52
£55005/240.06 miPerth Street West, Hull, HU52
£55005/240.06 mi-2
£62502/250.06 mi-2
£62504/240.09 miPerth Street, HULL, HU5 3NZ2
£62505/240.09 miPerth Street, HULL, HU5 3NZ2
£60012/240.1 mi-2
£77504/240.12 mi-2
£62503/240.16 mi-2
£65004/240.17 miSelkirk Street, Hull2
£72505/240.18 miWestbourne Avenue West, Hull, HU5 3JE2
£65004/240.19 miPerth Street, HULL, HU5 3NL2
£62504/240.2 mi-2
£52505/240.24 miSpring Bank West, Hull, HU3 6LB2
£55005/240.25 miWharncliffe Street, Hull2
£67503/250.32 mi-2
£65004/240.33 mi-2
£57504/250.34 mi-2
£65001/250.35 mi-2
£75002/250.36 mi-2
£75004/240.36 mi-2
£75012/240.38 mi-2
£65004/240.38 miElm Grove, De La Pole Avenue, Hull, HU32
£65005/240.39 miBelvoir Street, Princes Avenue, HU52
£75004/250.39 mi-2
£50006/240.39 mi-2
£67504/240.4 miBrooklands Road, Hull, East Riding Of Yorkshire, HU52
£67505/240.4 miBrooklands Road, Hull, East Riding Of Yorkshire, HU52
£59505/240.4 miChatham Street, Hull, East Riding Of Yorkshire, HU32
£75005/240.4 miBelvoir Street, Hull2
£59504/250.42 mi-2
£57504/240.42 mi-2
£75001/250.42 mi-2
£65012/240.42 mi-2
£60005/240.44 miClumber Street, Hull, East Riding of Yorkshire, HU52
£95012/240.44 mi-2
£57501/240.45 miFairmount Avenue, De La Pole Avenue, Hull, East Riding Of Yorkshire, HU32
£57505/240.45 miFairmount Avenue, De La Pole Avenue, Hull, East Riding Of Yorkshire, HU32
£67504/240.46 miBlenheim Street, Hull2
£65003/250.47 mi-2
£65004/240.49 mi35 Blenheim Street2
£62504/240.51 miRutland Road, Spring Bank West, Hull, East Yorkshire, HU52
£70005/240.52 miPrinces Avenue, HULL2
£66012/240.53 mi-2
£89504/240.54 mi-2

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.92 miles away

Nearest school

0.30 miles away

Nearest train station

1.39 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Price changed to £79,950

September 18, 2024

Listed for £84,950

May 29, 2024

Floor Plans

Description

  • Traditional Mid Terrace House +
  • Extended to Ground Floor Rear +
  • Two Bedrooms +
  • Gas Central Heating and Double Clazing +
  • Amenities close by on Chanterlands Avenue +
  • £7140 Per Annum Revenue with Tenant in Situ +

An ideal investment opportunity to purchase this traditional 2 bed mid terraced house with tenant in situ and instant revenue.  The property comprises of; a bay windowed lounge, fitted kitchen with stairs off, lobby, extended bathroom and 2 first floor bedrooms. Gas central heating to radiators and double glazing. To outside there is a small garden to the front and enclosed courtyard to the rear. Located only a short distance from Chanterlands Avenue with an array of amenities and transport links, the area is always in demand. Located in a residential area with industry and the hospital in close proximity.  This property is being sold with tenant in situ, paying £595pcm. 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 💪