3 Bed Terraced House, Refurb/BRRR, Hull, HU6 7BP, £170,000

Keel Road, Hull, East Yorkshire, HU6 7BP - 1 views - 10 months ago

Sold STC
Refurb/BRRR
~111 m²
+26 photos

ValuationUndervalued

Sold Prices£80.5K - £217.5K
Sold Prices/m²£989/m² - £2.9K/m²

 

 

Square Metres

~111.20 m²
Price/m²£1.5K/m²

Value Estimate

£181,800
BMV1%

 

 

End Value (After Refurb)

£232,359

Uplift in Value

+29%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£44,480

Bridging Loan Interest

£4,463

Total Cash In

£99,793

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£232,359

Mortgage (After Refinance)

£174,270

Mortgage LTV

75%

Cash Released

£46,770

Cash Left In

£53,023

Equity

£58,090

Rent Range

£600 - £1,125

Rent Estimate

£845

Running Costs/mo

£915

Cashflow/mo

£-70

Cashflow/yr

£-841

Gross Yield

6%

Local Sold Prices

50 sold prices from £80.5K to £217.5K, average is £142.2K. £989/m² to £2.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£127K11/220.06 mi16, Knowles Avenue, Hull, City Of Kingston Upon Hull HU6 7BT3
£142K08/210.06 mi6, Mizzen Road, Hull, City Of Kingston Upon Hull HU6 7AG3
£143K09/210.08 mi112, Compass Road, Hull, City Of Kingston Upon Hull HU6 7BE3
£195K01/230.08 mi120, Compass Road, Hull, City Of Kingston Upon Hull HU6 7BE3
£180K04/230.12 mi14, Forbes Avenue, Hull, City Of Kingston Upon Hull HU6 7AJ3
£190K12/220.12 mi27, Forbes Avenue, Hull, City Of Kingston Upon Hull HU6 7AJ3
£126K03/210.14 mi37, Compass Road, Hull, City Of Kingston Upon Hull HU6 7AH3
£152K07/210.14 mi25, Boulsworth Avenue, Hull, City Of Kingston Upon Hull HU6 7DZ3
£157K07/230.16 mi4, Tarran Avenue, Hull, City Of Kingston Upon Hull HU6 7AL3
£177K12/220.16 mi1, Tarran Avenue, Hull, City Of Kingston Upon Hull HU6 7AL3
£129K12/200.16 mi6, Larard Avenue, Hull, City Of Kingston Upon Hull HU6 7BD3
£170K10/220.18 mi16, Emmott Road, Hull, City Of Kingston Upon Hull HU6 7AX3
£142.3K04/210.19 mi31, Cullingworth Avenue, Hull, City Of Kingston Upon Hull HU6 7DD3
£150K06/230.19 mi24, Cullingworth Avenue, Hull, City Of Kingston Upon Hull HU6 7DD3
£165K11/200.19 mi1, Cullingworth Avenue, Hull, Humberside HU6 7DD3
£215K10/210.21 mi5, Steeton Avenue, Hull, City Of Kingston Upon Hull HU6 7AZ3
£172K09/210.24 mi1, Wadsworth Avenue, Hull, City Of Kingston Upon Hull HU6 7DY3
£186K11/220.26 mi35, The Queensway, Hull, City Of Kingston Upon Hull HU6 9BH3
£217.5K07/230.27 mi38, Greylees Avenue, Hull, City Of Kingston Upon Hull HU6 7YG3
£170K10/200.27 mi2, Birnam Court, Hull, City Of Kingston Upon Hull HU6 7WA3
£127K09/220.28 mi75, The Queensway, Hull, City Of Kingston Upon Hull HU6 9BH3
£180K08/220.28 mi74, Greylees Avenue, Hull, City Of Kingston Upon Hull HU6 7YG3
£125K05/210.3 mi6, Parkstone Road, Hull, City Of Kingston Upon Hull HU6 7DE3
£171K12/220.3 mi52, Parkstone Road, Hull, City Of Kingston Upon Hull HU6 7DE3
£125K11/200.3 mi5, Argent Close, Hull, City Of Kingston Upon Hull HU6 9UA3
£166.5K07/210.31 mi12, Cloverbank View, Hull, City Of Kingston Upon Hull HU6 7YB3
£143.5K10/200.33 mi8, Coronet Close, Hull, City Of Kingston Upon Hull HU6 9UD3
£180K07/230.35 mi67, Welwyn Park Road, Hull, City Of Kingston Upon Hull HU6 7EB3
£123.5K05/210.35 mi48, Welwyn Park Road, Hull, City Of Kingston Upon Hull HU6 7EB3
£150K03/210.35 mi128, Downfield Avenue, Hull, City Of Kingston Upon Hull HU6 7XF3
£152K12/210.39 mi14, Welwyn Park Avenue, Hull, City Of Kingston Upon Hull HU6 7DH3
£114K06/210.39 mi24, Welwyn Park Avenue, Hull, City Of Kingston Upon Hull HU6 7DH3
£90K01/230.41 mi10, Laxthorpe, Hull, City Of Kingston Upon Hull HU6 9EG3
£128.5K04/210.41 mi98, Welwyn Park Road, Hull, City Of Kingston Upon Hull HU6 7EA3
£126K04/210.41 mi93, Welwyn Park Road, Hull, City Of Kingston Upon Hull HU6 7EA3
£125K06/230.42 mi10, Welwyn Park Drive, Hull, City Of Kingston Upon Hull HU6 7DX3
£113.2K05/210.42 mi11, Welwyn Park Drive, Hull, City Of Kingston Upon Hull HU6 7DX3
£140.5K01/210.42 mi47, Welwyn Park Drive, Hull, City Of Kingston Upon Hull HU6 7DX3
£150K04/210.42 mi35, Welwyn Park Avenue, Hull, City Of Kingston Upon Hull HU6 7DJ3
£124.5K06/210.42 mi58, Welwyn Park Avenue, Hull, City Of Kingston Upon Hull HU6 7DJ3
£123K11/210.42 mi528, Hall Road, Hull, City Of Kingston Upon Hull HU6 9BS3
£80.5K03/230.44 mi2, Kinthorpe, Hull, City Of Kingston Upon Hull HU6 9EJ3
£130K04/210.45 mi77, Sutton Road, Hull, City Of Kingston Upon Hull HU6 7DR3
£105K05/210.48 mi846, Beverley Road, Hull, City Of Kingston Upon Hull HU6 7HP3
£125K12/200.48 mi53, Thirlmere Way, Kingswood, Hull, City Of Kingston Upon Hull HU7 3BH3
£176K08/210.48 mi10, Kielder Way, Kingswood, Hull, City Of Kingston Upon Hull HU7 3BP3
£110K03/210.49 mi76, Sutton Road, Hull, City Of Kingston Upon Hull HU6 7DS3
£110K03/210.49 mi76, Sutton Road, Hull, City Of Kingston Upon Hull HU6 7DS3
£105K09/210.5 mi93, 8th Avenue, Hull, City Of Kingston Upon Hull HU6 9BT3
£115K08/210.54 mi154, Welwyn Park Avenue, Hull, City Of Kingston Upon Hull HU6 7DN3

Local Rents

50 rents from £600/mo to £1.1K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£72504/240.07 miKeel Road, Hull, East Riding of Yorkshire, HU63
£97504/240.21 miCompass Road, Hull, East Riding Of Yorkshire, HU63
£72505/240.38 mi-3
£69505/240.39 mi61 Tudor Drive3
£75003/240.48 mi-3
£77510/240.48 mi-3
£78504/240.48 mi8th Avenue, Hull, HU63
£83512/240.61 mi-3
£78504/250.67 mi-3
£89505/240.72 miStaunton Park, Kingswood, HU73
£92006/240.75 miLinn Park, Kingswood, HU73
£73004/240.76 miCranbrook Avenue, HULL3
£89507/240.77 miAldenham Park, Kingswood, Hull, East Riding Of Yorkshire, HU73
£85005/240.77 mi-3
£72505/240.79 miClanthorpe, Hull3
£65005/240.79 mi7 Wormley Court, Riccal Close, Hull, HU6 8BQ3
£79504/240.8 mi-3
£89510/240.8 mi-3
£75004/240.81 mi-3
£60004/240.81 mi-3
£95004/240.81 miTemplewaters, Kingswood3
£67505/240.87 miSandwell Park, Kingswood, Hull3
£75001/250.88 mi-3
£82504/250.88 mi-3
£80004/240.89 mi5th Avenue, HULL3
£85003/250.9 mi-3
£79506/240.94 miAttringham Park, Kingswood3
£72505/240.96 miPasture View, Hull, East Riding Of Yorkshire, HU73
£80004/250.97 mi-3
£75011/230.97 mi-3
£1,00004/240.97 mi-3
£90004/240.97 mi-3
£70004/240.97 mi-3
£70012/240.97 mi-3
£72501/240.98 miParkland Crescent, Hull, East Riding Of Yorkshire, HU73
£95007/240.99 miWoodheys Park, Kingswood, Hull, East Riding of Yorkshire, UK, HU73
£82505/241 miInglemire Lane, Hull3
£79503/251 mi-3
£77510/241 mi-3
£79504/251 mi-3
£1,12005/241.01 miDane Park, Hull. HU63
£1,12504/241.01 miDane Park, Hull, HU63
£1,05004/241.01 miDane Park, Hull, HU63
£1,09004/241.01 miDane Park, Hull, HU63
£85004/241.01 miSir Leo Schultz Road, Hull3
£1,12506/241.01 miDane Park, Hull, HU63
£95001/251.02 mi-3
£69507/241.03 mi2, Davidstow Close, Hull3
£92506/241.03 miNorthgate, Kingswood, Hull, HU73
£79505/241.04 miEtherington Drive, Hull3

Local Area Statistics

Population in HU6

33,515

Population in Hull

313,622

Town centre distance

1.72 miles away

Nearest school

0.30 miles away

Nearest train station

1.89 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-7%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £170,000

December 4, 2024

Listed for £180,000

June 13, 2024

Sold for £76,000

2013

Sold for £94,500

2006

Sold for £47,000

2002

Sold for £34,950

1997

Floor Plans

Description

  • Simply stunning three-storey family home, meticulously renovated. +
  • Comprehensive top-to-bottom modernisation and reconfiguration. +
  • Glossy, interior magazine-worthy masterpiece. +
  • Eleven years of refined taste and quality craftsmanship. +
  • Located in sought-after Beverley High Road within the HU6 district. +
  • Close proximity to excellent local schooling, facilities, and transport links. +
  • Newly installed anthracite double-glazed windows and contemporary design. +
  • New roof, upgraded heating system, new radiators, and Worcester Bosch boiler. +
  • Ground floor: welcoming entrance hall, versatile garden/sitting room, bedroom three, guest cloakroom/WC. +
  • First floor: spacious sitting room, open plan kitchen/breakfast dining room. +

## Simply Stunning Three-Storey Family Home, Meticulously Renovated and Presented with Great Taste and Style of the Highest Order! ##

Every once in a while, we encounter a property that transcends the ordinary. Following a comprehensive scheme of top-to-bottom modernisation and reconfiguration, the sellers have created a home that is nothing short of extraordinary!

This family home is a true symphony of design and renovation, transforming from an ugly duckling into a glossy, interior magazine-worthy masterpiece that one lucky house hunter will have the absolute pleasure of calling home!

Showcasing the epitome of refined taste and quality craftsmanship, this home has been meticulously nurtured over the past eleven years. Nestled in the sought-after residential locality of Beverley High Road within the HU6 district, it boasts close proximity to excellent local schooling, facilities, and convenient road and public transport links into the city centre and beyond.

The sellers have fashioned this residence into a showpiece of elegance, graced with a cohesive design scheme resplendent in on-trend hues and styles. The moment you step inside, you are invited into a world of sophistication and charm.

Do not dismiss this property with a mere passing glance. Prepare to be amazed by what is on offer, including newly installed anthracite double-glazed windows that hint at the contemporary twist consistent throughout. During the renovations, no stone has been left unturned. From a new roof to a completely upgraded heating system with new radiators and a Worcester Bosch boiler, the entire interior has been transformed to feature show house qualities in every aspect, complemented by a stunning rear garden.

As we embark on this captivating tour, let us commence at the welcoming composite entrance door, a testament to modernity and security. Upon crossing the threshold, a warm and inviting entrance hall beckons with an oak-effect laminate floor that elegantly spans the entirety of the ground floor. A versatile garden/sitting room is the ideal place to enjoy morning coffee and admire garden views through French doors. This room also features bespoke cabinetry.

Bedroom three is located on the ground floor, offering versatility for varying uses and is accompanied by a smartly appointed guest cloakroom/WC.

On the first floor, the spacious sitting room is a formally presented masterpiece eliciting no words other than "GORGEOUS!" Open plan access allows us to continue our journey into the splendid combined kitchen/breakfast dining room, a fusion of contemporary design with high gloss cabinets and an array of appliances awaiting culinary endeavours.

Venturing further skyward, the second floor unveils a central landing that provides passage to two generously proportioned and beautifully presented bedrooms and a fabulous bathroom complete with a smart four-piece suite.

Parking is a breeze, thanks to a dedicated driveway approach that accommodates your vehicle. The rear garden beckons with a splendid patio terrace, inviting you to unwind and entertain. An emerald oasis of AstroTurf lends verdant charm, complemented by beautifully stocked raised beds. It is, quite simply, perfection in every sense.

Council tax is payable at band 'A' to Hull City Council, and the property boasts an awaited EPC Grade C

We make no apologies for our enthusiasm in presenting this absolute gem of a property to you. It has unquestionably etched an enduring mark upon our hearts, and whoever acquires it is destined to be an unequivocal winner in the game of property ownership!

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

HUL240394/2

Agent Details

Reeds Rains, Hull

01482 251835

Next Steps?

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