2 Bed Terraced House, Single Let, Hull, HU8 8EZ, £89,950

Mayville Avenue, Chamberlain Road, Hull, East Yorkshire, HU8 8EZ - 5 views - 10 months ago

Sold STC

BTL

ROI: 5%

~58 m²

+4 photos

ValuationUndervalued

Sold Prices	£50K - £160K
Sold Prices/m²	£698/m² - £3.1K/m²

Square Metres	~57.70 m²
Price/m²	£1.6K/m²
Value Estimate	£100,645£100,645
BMV	6%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£22,488£22,488
Stamp Duty & Legal Fees	£4,050£4,050
Total Cash In	£26,538£26,538

Cash Out
Rent Range	£550 - £1,070£550 - £1,070
Rent Estimate	£550
Running Costs/mo	£411£411
Cashflow/mo	£139£139
Cashflow/yr	£1,667£1,667
ROI	6%6%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £50K to £160K, average is £107.3K. £698/m² to £3.1K/m², average is £1.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£65K	07/23	0.01 mi	68, Mayville Avenue, Hull, City Of Kingston Upon Hull HU8 8EZ	£1,104	59	2	Terraced House
£104K	10/20	0.14 mi	16, Camborne Grove, Hull, City Of Kingston Upon Hull HU8 8HX	£698	149	2	Terraced House
£95K	04/21	0.14 mi	15, Camborne Grove, Hull, City Of Kingston Upon Hull HU8 8HX	£2,021	47	2	Terraced House
£83K	12/20	0.16 mi	13, Pendeen Grove, Hull, City Of Kingston Upon Hull HU8 8HY	-	-	2	Terraced House
£95K	12/20	0.18 mi	10, Rockford Grove, Hull, City Of Kingston Upon Hull HU8 8HZ	£1,532	62	2	Terraced House
£70K	02/23	0.19 mi	15, Rockford Grove, Hull, City Of Kingston Upon Hull HU8 8HZ	-	-	2	Terraced House
£118.5K	05/21	0.21 mi	47, Lamorna Avenue, Hull, City Of Kingston Upon Hull HU8 8HS	-	-	2	Terraced House
£65K	08/21	0.22 mi	7, Kathleen Road, Hull, City Of Kingston Upon Hull HU8 8EB	-	-	2	Semi-Detached House
£91.5K	01/21	0.23 mi	88, Lamorna Avenue, Hull, City Of Kingston Upon Hull HU8 8HT	£1,436	64	2	Semi-Detached House
£103.3K	06/21	0.24 mi	79, Brendon Avenue, Hull, City Of Kingston Upon Hull HU8 8JF	-	-	2	Semi-Detached House
£103.3K	06/21	0.24 mi	79, Brendon Avenue, Hull, City Of Kingston Upon Hull HU8 8JF	-	-	2	Terraced House
£128K	03/23	0.24 mi	22, Brendon Avenue, Hull, City Of Kingston Upon Hull HU8 8JE	-	-	2	Terraced House
£107.5K	03/23	0.25 mi	73, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DU	£2,181	49	2	Terraced House
£90K	08/21	0.25 mi	73, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DU	£1,826	49	2	Terraced House
£107K	03/21	0.26 mi	18, Woodhall Street, Hull, City Of Kingston Upon Hull HU8 8DS	£1,911	56	2	Semi-Detached House
£110K	11/20	0.27 mi	279, Foredyke Avenue, Hull, City Of Kingston Upon Hull HU7 0DY	£1,964	56	2	Semi-Detached House
£112K	02/21	0.29 mi	54, Rockford Avenue, Hull, City Of Kingston Upon Hull HU8 8JB	£1,577	71	2	Terraced House
£67K	08/23	0.3 mi	4, Kirkstead Street, Hull, City Of Kingston Upon Hull HU8 8DR	£985	68	2	Terraced House
£125K	11/20	0.31 mi	35, Ashendon Drive, Hull, City Of Kingston Upon Hull HU8 8DY	£2,155	58	2	Semi-Detached House
£131K	11/20	0.31 mi	19, Bibury Close, Hull, City Of Kingston Upon Hull HU8 8HQ	£1,770	74	2	Semi-Detached House
£89K	12/20	0.32 mi	52, Glebe Road, Hull, City Of Kingston Upon Hull HU7 0DX	£1,483	60	2	Terraced House
£101.5K	01/23	0.32 mi	50, Glebe Road, Hull, City Of Kingston Upon Hull HU7 0DX	£1,718	59	2	Terraced House
£120K	08/21	0.33 mi	4, Simpson Avenue, Hull, City Of Kingston Upon Hull HU8 8AS	£2,264	53	2	Semi-Detached House
£135K	12/20	0.38 mi	1, Eden Drive, Hull, City Of Kingston Upon Hull HU8 8JQ	£1,824	74	2	Semi-Detached House
£80K	01/21	0.39 mi	40, Leads Road, Hull, City Of Kingston Upon Hull HU7 0BY	£1,067	75	2	Terraced House
£111K	03/21	0.39 mi	160, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TN	-	-	2	Terraced House
£135K	12/20	0.39 mi	172, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TN	£1,311	103	2	Semi-Detached House
£98K	12/22	0.4 mi	97, Foredyke Avenue, Hull, City Of Kingston Upon Hull HU7 0DT	£2,000	49	2	Terraced House
£110K	12/22	0.4 mi	62, Foredyke Avenue, Hull, City Of Kingston Upon Hull HU7 0DT	£2,200	50	2	Terraced House
£145K	10/21	0.41 mi	149, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TJ	£2,070	70	2	Terraced House
£126K	10/20	0.41 mi	103, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TJ	£1,537	82	2	Terraced House
£129K	01/23	0.41 mi	170, Lindengate Avenue, Hull, City Of Kingston Upon Hull HU7 0EE	£1,862	69	2	Semi-Detached House
£160K	11/20	0.43 mi	4, Carnoustie Close, Hull, City Of Kingston Upon Hull HU8 8JH	£3,137	51	2	Semi-Detached House
£150K	09/21	0.46 mi	11, Dornoch Drive, Hull, City Of Kingston Upon Hull HU8 8JL	£2,083	72	2	Semi-Detached House
£115K	04/21	0.46 mi	32, Dornoch Drive, Hull, City Of Kingston Upon Hull HU8 8JL	-	-	2	Semi-Detached House
£106.5K	02/21	0.47 mi	39, James Reckitt Avenue, Hull, City Of Kingston Upon Hull HU8 7TH	£1,543	69	2	Terraced House
£130K	01/23	0.47 mi	9, Foredyke Avenue, Hull, City Of Kingston Upon Hull HU7 0DS	£2,653	49	2	Terraced House
£120K	05/21	0.49 mi	46, Lindengate Avenue, Hull, City Of Kingston Upon Hull HU7 0ED	£2,182	55	2	Terraced House
£135K	10/20	0.51 mi	27, Lindengate Avenue, Hull, City Of Kingston Upon Hull HU7 0EA	£2,250	60	2	Semi-Detached House
£112K	11/21	0.52 mi	4, Ballantyne Close, Hull, City Of Kingston Upon Hull HU7 0EJ	£2,000	56	2	Semi-Detached House
£122.5K	08/21	0.55 mi	11, Thornhill Avenue, Hull, City Of Kingston Upon Hull HU8 0EU	-	-	2	Semi-Detached House
£77.5K	03/21	0.56 mi	50, Endymion Street, Hull, City Of Kingston Upon Hull HU8 8TY	£790	98	2	Terraced House
£125K	05/21	0.56 mi	17, Burbage Avenue, Hull, City Of Kingston Upon Hull HU8 0ET	-	-	2	Semi-Detached House
£128.5K	03/21	0.57 mi	48, Beech Avenue, Garden Village, Hull, City Of Kingston Upon Hull HU8 8QJ	-	-	2	Terraced House
£50K	09/21	0.58 mi	13, Montrose Street, Hull, City Of Kingston Upon Hull HU8 7RU	£936	53	2	Terraced House
£77K	12/22	0.58 mi	148, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL	£1,055	73	2	Terraced House
£95K	04/21	0.59 mi	1, Joscelyn Avenue, Hull, City Of Kingston Upon Hull HU7 0DH	£1,377	69	2	Terraced House
£72.5K	02/21	0.59 mi	127, Barnsley Street, Hull, City Of Kingston Upon Hull HU8 7SA	£1,133	64	2	Terraced House
£65K	03/23	0.6 mi	177, Buckingham Street, Hull, City Of Kingston Upon Hull HU8 8TL	£1,016	64	2	Terraced House
£61K	12/20	0.61 mi	9, Berkshire Street, Hull, Humberside HU8 8TJ	£965	63	2	Terraced House

Local Rents

41 rents from £550/mo to £1.1K/mo, average is £595/mo.

Rent	Date	Distance	Address	Beds	Type
£750	04/24	0.03 mi	-	2	Terraced House
£750	04/24	0.03 mi	-	2	Terraced House
£585	10/24	0.03 mi	-	2	Terraced House
£595	05/24	0.04 mi	Myrtle Grove, Lorraine Street, Hull, East Riding Of Yorkshire, HU8	2	Terraced House
£595	05/24	0.04 mi	9 Myrtle Grove, HU8 8ET	2	Terraced House
£575	05/24	0.06 mi	Laburnum Grove, Lorraine Street, Hull, East Riding of Yorkshi, HU8	2	Terraced House
£575	05/24	0.06 mi	Laburnum Grove, Lorraine Street, Hull, East Riding Of Yorkshire, HU8	2	Terraced House
£575	05/24	0.06 mi	1 Laburnum Grove, HU8 8ES	2	Terraced House
£620	12/24	0.17 mi	-	2	Terraced House
£620	01/24	0.17 mi	-	2	Terraced House
£675	05/24	0.21 mi	Kathleen Road, HU8	2	Terraced House
£650	10/24	0.29 mi	-	2	Terraced House
£575	05/24	0.31 mi	5 Kirkstead Avenue	2	Terraced House
£750	05/24	0.31 mi	Ashendon Drive, Hull	2	Semi-Detached House
£900	04/25	0.36 mi	-	2	Bungalow
£650	06/24	0.38 mi	Foredyke Avenue, Hull	2	House
£595	05/24	0.39 mi	Foredyke Avenue, Leeds Road, Hull, East Yorkshire, HU7	2	Terraced House
£675	05/24	0.4 mi	Leads Road, Hull	2	Terraced House
£695	03/24	0.48 mi	-	2	Terraced House
£650	06/24	0.49 mi	31, Lindengate Avenue, Leeds Road	2	Terraced House
£725	02/25	0.52 mi	-	2	Terraced House
£775	02/25	0.53 mi	-	2	Terraced House
£595	06/24	0.53 mi	Eddlethorpe, Buckingham Street, Hull	2	House
£650	05/24	0.54 mi	Lambwath Road, Hull, East Yorkshire, HU8	2	Terraced House
£550	05/24	0.55 mi	Endymion Street, Hull	2	House
£625	05/24	0.56 mi	Endymion Street, Hull	2	House
£595	12/24	0.57 mi	-	2	Terraced House
£595	02/25	0.57 mi	-	2	Terraced House
£1,070	04/25	0.57 mi	-	2	Terraced House
£550	04/24	0.58 mi	-	2	Terraced House
£595	01/24	0.58 mi	-	2	Terraced House
£595	02/24	0.58 mi	-	2	Terraced House
£565	02/24	0.6 mi	-	2	Terraced House
£750	06/24	0.6 mi	Buckingham Street, HULL	2	Terraced House
£550	02/24	0.61 mi	-	2	Terraced House
£550	03/25	0.61 mi	-	2	Terraced House
£575	04/24	0.61 mi	Alaska Street, Hull, East Riding of Yorkshi, HU8	2	Terraced House
£550	06/24	0.61 mi	-	2	Terraced House
£550	05/24	0.61 mi	East Ridings Of Yorkshire, East Ridings Of Yorkshire, HU8	2	Terraced House
£550	04/24	0.61 mi	-	2	Terraced House
£600	12/24	0.61 mi	-	2	Terraced House

Local Area Statistics

Population in HU8	34,17534,175
Population in Hull	313,622313,622
Town centre distance	1.40 miles away1.40 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.76 miles away1.76 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-4%-4%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+16%+16%

Property History

Price changed to £89,950

December 24, 2024

Listed for £95,000

June 28, 2024

Floor Plans

Description

NO FORWARD CHAIN +
End Terrace Property +
Two Bedrooms +
Lounge & Kitchen/ Dining Room +
First Floor Bathroom +
On Street Parking +
Front & Rear Gardens +
Freehold +
Council Tax Band - A +

Linley and Simpson are pleased to offer FOR SALE this two bedroom end-terrace house situated on Mayville Avenue off Chamberlain Road in East Hull with NO FORWARD CHAIN.

The property briefly comprises; entrance hall, lounge and kitchen/ dining room to the ground floor and to the first floor two double bedrooms and a family bathroom.

There are gardens to the front and rear of the property as well as nearby on street parking.

Hallway

UPVC D/G door to the front elevation, carpeted, radiator

Lounge 13'5" x 10'4" (4.1m x 3.15m)

UPVC D/G bay window to the front elevation, carpeted, understairs cupboard, radiator

Kitchen/ Dining Room 15'1" x 8'5" (4.6m x 2.57m)

UPVC D/G door to the rear elevation, UPVC D/G window to the side and rear elevation, range of base and wall units with worktops and tiled splashbacks, stainless steel sink with drainer, electric oven and hob, extractor fan, cupboard housing boiler, space for a washing machine, lino flooring, radiator

Landing

UPVC D/G window to the side elevation, carpeted radiator, access to loft.

Main Bedroom 12'3" x 10' (3.73m x 3.05m)

UPVC D/G window to the front elevation, storage cupboard, carpeted, radiator.

Bedroom 2 10'2" x 7'9" (3.1m x 2.36m)

UPVC D/G window to the rear elevation, carpeted, radiator.

Bathroom

UPVC D/G window to the rear, WC, pedestal wash basin and bath with shower over, shower screen, fixed mirror, lino flooring, radiator

External

Front garden, side gate leading to enclosed rear garden with fencing and paved area, tenfoot access.

Material Information

Freehold
Council Tax Band - A

Agent Details

Linley & Simpson, Hull & Surrounding

01482 251653

Next Steps?

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

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2 Bed Terraced House, Single Let, Hull, HU8 8EZ, £89,950

ValuationUndervalued

CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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