3 Bed Terraced House, Single Let, Hull, HU9 5EY, £125,000

180 Falkland Road, Hull, City Of Kingston Upon Hull, HU9 5EY - 10 months ago

BTL
ROI: 2%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£68K - £190K
Sold Prices/m²£883/m² - £2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£116,205

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£550 - £850

Rent Estimate

£602

Running Costs/mo

£531

Cashflow/mo

£71

Cashflow/yr

£852

ROI

2%

Gross Yield

6%

Local Sold Prices

33 sold prices from £68K to £190K, average is £105K. £883/m² to £2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£70K12/200.12 mi92, Stockwell Grove, Hull, City Of Kingston Upon Hull HU9 5JS3
£80K02/210.13 mi109, Wexford Avenue, Hull, City Of Kingston Upon Hull HU9 5DS3
£80K02/210.13 mi109, Wexford Avenue, Hull, City Of Kingston Upon Hull HU9 5DS3
£121K02/230.15 mi33, Dodswell Grove, Hull, City Of Kingston Upon Hull HU9 5HU3
£77K01/210.28 mi23, Falkland Road, Hull, City Of Kingston Upon Hull HU9 5EP3
£105K04/230.28 mi27, Falkland Road, Hull, City Of Kingston Upon Hull HU9 5EP3
£97.5K11/210.31 mi2, Castleford Grove, Hull, City Of Kingston Upon Hull HU9 4NP3
£68K11/200.31 mi183, Annandale Road, Hull, City Of Kingston Upon Hull HU9 4NR3
£90K06/210.35 mi114, Hemswell Avenue, Hull, City Of Kingston Upon Hull HU9 5LD3
£110.5K06/210.36 mi139, Hemswell Avenue, Hull, City Of Kingston Upon Hull HU9 5LA3
£89K12/210.37 mi34, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB3
£115K03/210.37 mi2, Corbridge Close, Hull, City Of Kingston Upon Hull HU9 5BB3
£112.5K12/220.38 mi10, Stalybridge Avenue, Hull, City Of Kingston Upon Hull HU9 5BY3
£80K06/210.38 mi30, Stembridge Close, Hull, City Of Kingston Upon Hull HU9 5BZ3
£108K12/220.4 mi140, Annandale Road, Hull, City Of Kingston Upon Hull HU9 4LA3
£105K03/210.41 mi7, Twyford Close, Hull, City Of Kingston Upon Hull HU9 4NB3
£100K05/230.43 mi18, Uxbridge Grove, Hull, City Of Kingston Upon Hull HU9 5BU3
£90K06/210.46 mi44, Stonebridge Avenue, Hull, City Of Kingston Upon Hull HU9 5BD3
£140.5K01/230.54 mi30, Bradford Avenue, Hull, City Of Kingston Upon Hull HU9 4NJ3
£90K05/210.55 mi413, Preston Road, Hull, City Of Kingston Upon Hull HU9 5AN3
£95.5K06/230.57 mi3, Fulford Grove, Hull, City Of Kingston Upon Hull HU9 4LU3
£113K11/200.62 mi17, Bainbridge Avenue, Hull, City Of Kingston Upon Hull HU9 5BN3
£85K05/210.65 mi29, Annandale Road, Hull, City Of Kingston Upon Hull HU9 4LN3
£126K12/220.83 mi321, Hopewell Road, Hull, City Of Kingston Upon Hull HU9 4HQ3
£97.5K12/220.85 mi15, Hollywell Close, Hull, City Of Kingston Upon Hull HU9 4HW3
£130K07/210.87 mi27, Acasta Way, Hull, City Of Kingston Upon Hull HU9 5SE3
£140K02/210.87 mi1, Acasta Way, Hull, City Of Kingston Upon Hull HU9 5SE3
£137K07/230.87 mi19, Acasta Way, Hull, City Of Kingston Upon Hull HU9 5SE3
£129.9K03/210.87 mi12, Acasta Way, Hull, City Of Kingston Upon Hull HU9 5SE3
£127.5K12/200.87 mi14, Acasta Way, Hull, City Of Kingston Upon Hull HU9 5SE3
£190K12/210.9 mi102, Marfleet Avenue, Hull, City Of Kingston Upon Hull HU9 5SA3
£95K12/200.94 mi22, Amethyst Road, Hull, City Of Kingston Upon Hull HU9 4HN3
£130K07/230.96 mi4, Cawdale Avenue, Hull, City Of Kingston Upon Hull HU9 4HX3

Local Rents

13 rents from £550/mo to £850/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£80002/250.15 mi-3
£80002/240.15 mi-3
£80003/250.19 mi-3
£65005/240.22 miWexford Avenue, Hull, HU93
£67505/240.23 mi-3
£67504/240.23 miRetford Grove, Hull, HU93
£67505/240.23 miRetford Grove, Hull, HU93
£55004/240.37 miHemswell Avenue, Hull, HU93
£59504/240.38 miStalybridge Avenue, Hull, HU93
£65004/240.39 miStonebridge Avenue, Greatfield, HU93
£75005/240.43 miEcclesfield Avenue, Hull, East Yorkshire, HU93
£65001/240.45 mi-3
£85001/250.47 mi-3

Local Area Statistics

Population in HU9

40,948

Population in Hull

313,622

Town centre distance

4.47 miles away

Nearest school

0.20 miles away

Nearest train station

3.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £125,000

June 4, 2024

Sold for £70,000

2023

Floor Plans

Description

  • Reservation Fee Applicable +
  • T&C's Apply +
  • Fully refurbished and in immaculate condition +
  • Stylish white and grey interior throughout +
  • Open plan living kitchen on the ground floor +
  • Three well-proportioned bedrooms on the first floor +
  • Contemporary bathroom with modern design +
  • Fixed staircase leading to an excellent loft space +
  • Large enclosed rear garden +
  • No chain involved; vacant possession for a smooth purchase +

*Guide Price £125,000 - £130,000 plus Reservation Fee* Immaculate Three-Bedroom Home with Stylish Interior This fully refurbished three-bedroom home is in immaculate condition, featuring a chic white and grey interior throughout. Ideal for first-time buyers or young families, the property is available with no chain involved and vacant possession, ensuring a smooth and quick purchase. Key Features:
- Stylish Interior: Modern white and grey decor throughout.
- Open Plan Living: Spacious living kitchen on the ground floor, perfect for contemporary living and entertaining.
- Three Well-Proportioned Bedrooms: Located on the first floor, offering ample space for a growing family.
- Contemporary Bathroom: Elegant and modern design.
- Excellent Loft Space: Accessible via a fixed staircase, providing additional versatile space.
- Large Enclosed Rear Garden: Perfect for outdoor activities and relaxation.
- No Chain Involved: Ready for immediate purchase and move-in. This beautifully presented home combines modern style with functional living spaces, making it a fantastic opportunity for new homeowners. Schedule a viewing today to appreciate all that this property has to offer! * Loft Conversion does not have building regulations * Fees, Exclusivity, and Disclaimer:  Fees:  Reservation Fee: Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 1.5% 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 90 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.

Stamp Duty, It's important for buyers to understand that not all property purchases incur Stamp Duty Land Tax (SDLT). Certain exemptions and thresholds exist, which may mean that some buyers won't have to pay SDLT at all. However, the specifics can vary based on several factors such as the purchase price, the buyer's circumstances and seller’s circumstances. To determine whether SDLT applies to their purchase and to understand the amount they may be required to pay, buyers are encouraged to seek advice from a solicitor.  Rezee innovative way of selling is a secure and straightforward way to buy property.  Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Agent Details

Rezee, Hull

01482 251686

Next Steps?

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