3 Bed Terraced House, Single Let, Hull, HU5 1AS, £120,000

5 Adderbury Grove, Hull, City Of Kingston Upon Hull, HU5 1AS - 6 views - 10 months ago

BTL
~152 m²
+8 photos

ValuationUndervalued

Sold Prices£75.5K - £205K
Sold Prices/m²£621/m² - £1.8K/m²

 

 

Square Metres

~152.07 m²
Price/m²£789/m²

Value Estimate

£144,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£433 - £1,500

Rent Estimate

£448

Running Costs/mo

£485

Cashflow/mo

£-37

Cashflow/yr

£-439

Gross Yield

4%

Local Sold Prices

50 sold prices from £75.5K to £205K, average is £103.5K. £621/m² to £1.8K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£85K03/230.23 mi4, Ryde Street, Hull, City Of Kingston Upon Hull HU5 1PA3
£161.5K12/200.24 mi41, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA3
£145K06/220.26 mi40, Abbey Way, Hull, City Of Kingston Upon Hull HU5 1DA3
£100K08/210.27 mi11, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU3
£83K12/200.27 mi14, Pendrill Street, Hull, City Of Kingston Upon Hull HU3 1UU3
£125K04/230.3 mi25, Lambert Street, Hull, City Of Kingston Upon Hull HU5 2SJ3
£130K06/230.32 mi40, Park Road, Hull, City Of Kingston Upon Hull HU5 2TB3
£110K10/210.35 mi15, Hampstead Court, Hull, City Of Kingston Upon Hull HU3 1UF3
£93K02/230.35 mi58, Worthing Street, Hull, City Of Kingston Upon Hull HU5 1PE3
£130K11/220.35 mi44, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BB3
£95K07/210.35 mi44, Tattershall Close, Hull, City Of Kingston Upon Hull HU2 0BB3
£102K04/210.36 mi58, Washington Street, Hull, City Of Kingston Upon Hull HU5 1PW3
£85K10/210.41 mi29, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE3
£91K02/210.41 mi45, Lichfield Close, Hull, City Of Kingston Upon Hull HU2 9PE3
£124K03/230.41 mi7, Houston Drive, Hull, City Of Kingston Upon Hull HU5 1NJ3
£115K03/230.42 mi5, St Clements Place, Hull, City Of Kingston Upon Hull HU2 9LW3
£96.5K12/200.44 mi23, Somerscales Street, Hull, City Of Kingston Upon Hull HU2 9PA3
£167K01/230.45 mi16, Leicester Street, Hull, City Of Kingston Upon Hull HU3 1TA3
£85K02/230.49 mi4a, Wellington Lane, Hull, City Of Kingston Upon Hull HU3 1SG3
£107K03/230.52 mi79, Reynoldson Street, Hull, City Of Kingston Upon Hull HU5 3BH3
£205K06/230.52 mi24, Ella Street, Hull, City Of Kingston Upon Hull HU5 3AY3
£95K08/210.52 mi23, Melbourne Street, Hull, City Of Kingston Upon Hull HU5 2ET3
£145K04/210.52 mi57, Duesbery Street, Hull, City Of Kingston Upon Hull HU5 3QE3
£134.5K06/210.53 mi52, Goddard Avenue, Hull, City Of Kingston Upon Hull HU5 2AZ3
£94.5K05/230.53 mi54, Clough Road, Hull, City Of Kingston Upon Hull HU5 1QL3
£117K12/200.53 mi168, Newland Avenue, Hull, City Of Kingston Upon Hull HU5 2NE3
£87K04/210.54 mi50, Grange Close, Hull, City Of Kingston Upon Hull HU2 0AT3
£96K08/210.54 mi65, Sharp Street, Hull, City Of Kingston Upon Hull HU5 2AF3
£87.5K02/230.57 mi8, Sharp Street, Hull, City Of Kingston Upon Hull HU5 2AB3
£137K08/220.58 mi55, Clifton Street, Hull, City Of Kingston Upon Hull HU2 9BB3
£118K10/210.6 mi1, Lorne Close, Hull, City Of Kingston Upon Hull HU2 0AJ3
£90K03/210.6 mi3, Blundell Close, Hull, City Of Kingston Upon Hull HU2 9BX3
£78.5K11/200.61 mi53, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NT3
£140K11/210.63 mi7, Waterloo Street, Hull, City Of Kingston Upon Hull HU2 0DY3
£96K10/210.63 mi33, Morpeth Street, Hull, City Of Kingston Upon Hull HU3 1RG3
£84K10/200.65 mi16, Blaydes Street, Hull, City Of Kingston Upon Hull HU6 7RE3
£131K03/230.66 mi7, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP3
£95K11/200.66 mi52, Sidmouth Street, Hull, Humberside HU5 2JX3
£110K06/210.66 mi48, Sidmouth Street, Hull, City Of Kingston Upon Hull HU5 2JX3
£110K05/210.66 mi129, Goddard Avenue, Hull, Humberside HU5 2AW3
£85K11/210.67 mi38, Freehold Street, Hull, City Of Kingston Upon Hull HU3 1RD3
£150K02/230.68 mi19, Belvoir Street, Hull, City Of Kingston Upon Hull HU5 3LP3
£105K03/210.68 mi18, Clifton Street, Hull, City Of Kingston Upon Hull HU2 9AP3
£92K08/230.68 mi55, Vane Street, Hull, City Of Kingston Upon Hull HU3 1RJ3
£110K08/220.68 mi16, Clifton Street, Hull, City Of Kingston Upon Hull HU2 9AP3
£142.5K11/220.69 mi69, Sidmouth Street, Hull, City Of Kingston Upon Hull HU5 2JR3
£85K01/210.69 mi35, Haworth Street, Hull, Humberside HU6 7RG3
£75.5K02/210.69 mi16, Haworth Street, Hull, City Of Kingston Upon Hull HU6 7RQ3
£80K06/210.69 mi11, Mayfield Street, Hull, City Of Kingston Upon Hull HU3 1NS3
£136K12/200.73 mi19, Heathcote Street, Hull, City Of Kingston Upon Hull HU6 7LP3

Local Rents

34 rents from £433/mo to £1.5K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£75004/240.09 miFlat 322, Beverley RoadHull3
£75005/240.09 miFlat 322, Beverley RoadHull3
£69504/240.12 miBeverley Road, Hull3
£94502/250.14 mi-3
£85012/240.15 mi-3
£80004/240.26 miRyde Street, Hull3
£60012/240.31 mi-3
£87504/240.36 miPark Grove, Hull, HU53
£87505/240.36 miPark Grove, Hull, HU53
£85001/250.36 mi-3
£90004/240.36 mi-3
£90004/240.36 mi-3
£80001/250.36 mi-3
£43305/240.4 miWorthing Street , Hull, 3
£70004/240.41 mi-3
£67512/240.41 mi-3
£1,40004/240.42 mi-3
£1,40006/240.42 mi-3
£1,50002/250.42 mi-3
£1,40004/240.42 miLambert Street, Hull, HU53
£69503/250.45 mi-3
£79512/240.46 mi-3
£75004/240.47 miVermont Villas, Vermont St3
£1,05006/240.49 mi-3
£1,05006/240.49 mi-3
£1,00012/240.49 mi-3
£85004/240.49 mi-3
£59505/240.53 mi9 Marshall Street, Hull, HU5 3DA3
£55005/240.56 miWalters Terrace, Newland Avenue, Hull, East Riding Of Yorkshire, HU53
£79502/250.56 mi-3
£89501/240.57 miExmouth Street, Hull, East Riding Of Yorkshire, HU53
£43312/230.59 miNewland Avenue, Hull3
£1,47003/250.59 mi-3
£95005/240.59 mi31 Lambton StreetKingston Upon Hull3

Local Area Statistics

Population in HU5

51,120

Population in Hull

313,622

Town centre distance

0.46 miles away

Nearest school

0.10 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £120,000

June 4, 2024

Sold for £79,000

2006

Sold for £15,500

2002

Floor Plans

Description

  • Reservation Fee Applicable +
  • T&C's Apply +
  • Current Rent £795pcm gross +
  • Three Reception Rooms: Versatile spaces for living, dining, and entertaining. +
  • Utility Room: Convenient for laundry and additional storage. +
  • Ground Floor Cloakroom/WC: Added convenience for guests and residents. +
  • Two Bathrooms: Located on the first floor for ease and functionality. +
  • Prime Location: Situated just off Beverley Road, within walking distance to local shops and amenities. +
  • Easy Access to Newland Avenue and Princes Avenue: Offering a variety of dining, shopping, and entertainment options. +
  • Currently Tenanted: Making it an ideal investment property with immediate rental income potential. +

*Guide Price £120,000 - £130,000 plus Reservation Fee* Spacious Three-Story, Three-Bedroom End of Terrace Property *Current Rent £795pcm gross* This generously sized three-story, three-bedroom end of terrace property, located just off Beverley Road, offers ample living space and a convenient location. With three reception rooms, a utility room, a ground floor cloakroom/WC, and two bathrooms on the first floor, this home is ideal for a growing family or as a solid investment opportunity. Key Features:
- Three Spacious Bedrooms: Plenty of room for a family or tenants.
- Three Reception Rooms: Versatile spaces for living, dining, and entertaining.
- Utility Room: Convenient for laundry and additional storage.
- Ground Floor Cloakroom/WC: Added convenience for guests and residents.
- Two Bathrooms: Located on the first floor for ease and functionality.
- Prime Location: Situated just off Beverley Road, within walking distance to local shops and amenities.
- Easy Access to Newland Avenue and Princes Avenue: Offering a variety of dining, shopping, and entertainment options.
- Currently Tenanted: Making it an ideal investment property with immediate rental income potential. With its spacious layout and prime location, this property is perfect for families looking to expand or investors seeking a reliable rental property. Don’t miss out on this fantastic opportunity—schedule a viewing today! **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. 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?

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